as you said down with sergio monti credit suisse a lot of people are calling on brady dougan to go back and be a success. not clear what barclays still is. manus: if you go back to the core of the business it is going back to investment banking. people are going to go there wafted in all soft and cuddly. talent walked for paychecks. talent left the business. we saw substantial resignations from the american side of the business. being able to pay them. it something that has come under tremendous pressure. there's a reallocation of talent. here we are. we are going to go back to the investment making model, what are you going to do? you're going to encourage sweep of people coming back into your business. he has hired this guy and woman. he is hiring key individuals within investment banking to build the investment banking sweep. how do you encourage people to come back to the bank? i have worked in that building. it is like four revolving doors. what is the new strategy? is it going to be back to retail banking or investment banking? on the tickets 45% return. ? they're going to be a lo

olivia: what was the problem before, brady dougan? did a good job navigating the bank through the financial crisis. this is one of the banks and did not have a huge hole in the balance sheet. they learn their lesson from 2001, short of their balance sheet, but the problem has been that the capital levels, the leverage levels, the rules from the swiss regulators cap changing, bringing upon uncertainty to credits wiese and how much capital they needed or how much they did not need. basically when you look at the core business, it is doing pretty well. olivia: banksbasically when youe core overall as a sector are your biggest capital allocation, 60% of your polio. make the case for financial more broadly. you have holdings in bnp paribas , and a few other banks. >> what has happened inyou havee when this crisis erupted was people took it out on the financial sector believing that if greece defaulted, the balance sheets would be quite hard. a lot has happened in five years. basically all the greek debt, that was on name ballots sheets, ha