“Despite recent events and the economic uncertainty that remains, our full year outlook for revenue and expenses remains unchanged.”

In context

“seeing strong underlying business drivers as we execute against our strategy. On Slide 15, we show results for legacy franchise. Revenues grew 48%, driven by a gain on sale of our Consumer business in India, partially offset by the wind downs and closed consumer exit. Expenses decreased 24%, largely driven by the absence of a goodwill impairment we had in the prior year as well as the impact of the wind-downs and closed consumer exits. On Slide 16, we show results for Corporate/Other for the first quarter. Revenues increased, largely driven by higher net revenue from the investment portfolio. Expenses increased, driven by transformation and other risk and control investments, partially offset by a reduction in consulting fees. Before we move to Q&A, I’d like to end with a few key points. Despite recent events and the economic uncertainty that remains, our full year outlook for revenue and expenses remains unchanged. We have a very strong balance sheet with a diversified set of assets and funding sources and ample capital and liquidity. This positions us well to serve clients and navigate any number of scenarios. We’re seeing solid momentum in the underlying drivers of the majority of our businesses and continue to execute on our strategy. The financial path will not be linear, but we are confident that we can achieve our medium-term targets. And finally, I’m incredibly proud of how our firm and our employees have continued to help our clients navigate the recent environment and support the health of the overall banking system. And with that, Jane and I would be happy to take your questions. Operator: [Operator Instructions] And our first question will come from Glenn Schorr with Evercore. Your line i”