chief executive sergio ermotti will not spin off its bank. he says the current model is working.y small elephant and i think the investment bank is very strategic for us. we have been making changes to our strategy. the strategy is working. it is focused on supporting our clients, corporate, institutional. assets a very defined and capital that we want to put at work in the investment bank and the business model works, therefore there is no necessity for us to make changes. >> is a spinoff one of the options you are considering? >> no. we are not considering that option. >> what would be next for you? are you happy with the pace of asset reductions right now? >> we are ahead of our targets. that we announced two years ago. a year ago we announced the acceleration of that strategy. us tois no necessity for revise our targets. >> are there other potential assets? is there something else that would be a possibility at this time? >> no, i think that we have very well defined business model right now. assets are coming off as expected. we are the best capitalized bank. we have almost