Okay, so let's have a look at the distinct banking sectors. Clearly, however, the lines here are blurred. No one bank falls neatly into these categories. However, it is still useful to consider these as the main areas of operation. So let's start with Coutts. Coutts is certainly a private bank, and it would also describe itself as an asset manager. However, it's part of RBS. As the seventh oldest bank in the world, clearly there's real value in it retaining its distinct Coutts brand however. Goldman could be considered to some extent to be a pure play investment bank. As could Morgan Stanley, however, Goldman established GS Bank USA acquiring 16 billion of deposits from GE Capital Bank in 2016. Let's ask ourselves the question, does Lloyd's just focus in retail banking? Is Barclays solely a commercial bank? Well, the answer's no. They've got pretty broad operations. JP Morgan is a nice example of a universal bank that does a bit of everything. And I think really if you think about all the banks we've mentioned, they all to some extent do a little bit of everything. So the lines between these specific sectors is quite blurred and all banks maybe are tending towards becoming more universal.