caroline: i will say good morning to frederic oudea, the societe generale ceo, live from france. fixed income revenues are up 34% in the third quarter. what drove this and can you actually sustain this going forward? frederic: first of all, good morning, and as we said, strong beat across the board. we are very happy with the performances. it is fair to say in fixed income in particular, we have a business model which has more of the rate and we have benefited from that. we have a strong government but it is true across the businesses. caroline: equities are up 1%, limiting the damage there. do you think you should revise your trading targets? frederic: this year, we have been very strong with the benefit of strong commercial volatilities on equities and fixed income, good capacity to manage the volatile environment. we stick to the target range of 4.7% to 5.3%. caroline: new provisions are actually slightly lower than estimated, around 6 million euros this quarter. are you worried that given the current headwinds you may have to raise those provisions? frederic: what is markable