“We remain pretty constructive on loan growth in the second half. No changes there.”

In context

“Alastair Borthwick: If we look at the middle market, we're sort of growing like commercial loans overall. They're growing around 8% or so. Middle market's in there. Larger cap corporates are in there. The growth looks pretty good, we would say, on the commercial side. If you go back now, I think it's over 9 or 10 quarters, we've been growing loans at $20 billion or so per quarter. 7% last year, full year, 8% this year. The commercial growth's there. We don't necessarily see that changing. Feels to us like we're in a good environment for loan growth. Just keep half an eye also on card where Holly laid out a plan to say we want to get back towards 5% type card growth. We were at 1%, then two, then three. You can see this quarter we're at 4%. Some good news on the consumer side. Things like securities-based lending have been pretty positive as well, just with the way the markets have performed and what our wealth management clients want to do. We remain pretty constructive on loan growth in the second half. No changes there.”