“And our intent is to increase our technology spend next year.”

In context

“rsions as I think through out across the Company. Regulatory reporting requirements continue to go up. There a lot of liquidity requirements as well as complying with the requirements. And we will always be focused on data and resiliency. And then on the efficiency side, there's -- we -- we've actually inventory the number of things that we do manually, and we're looking to knock them out for automating when it's when it's -- what it can increase some significant efficiencies and risk reduction. And we're also looking to modernize some of our core app. So even our Treasury Services, we're putting -- we're putting a very modern payments app or engine underneath all of this. So, there are a lot of the --- the good news is there are a lot of opportunities, but it will come with some costs. And our intent is to increase our technology spend next year. Mike Mayo : Alright, thank you. Operator: Our next question comes from the line of Gerard Cassidy with RBC. Gerard Cassidy : Good morning, John. Good morning, Emily. Thomas Gibbons : Morning, Gerard. Emily Portney : Hi. Gerard Cassidy : Todd, can you -- or Emily? When I go back to the year-end, 2019 pre -pandemic size of your balance sheet, you guys had assets about 382 billion and deposits of 259, let's call it, and then you had deposits of definitive 95 billion. Obviously today, it's considerably higher when the finishes quantitative easing, assuming it's finished by next summer, can you kind of frame out for us what you think your balance sheet might look like as we go forward. Our customers going to be pulling deposits out, do you think you'll shrink down? Not that you'll ever get to”