“we still expect our earnings power on the other side of the Discover integration to be consistent with what we expected at the time we announced the deal”

In context

“tal capabilities. And we continue to lean in to our unique quest to organically build a digital first full service national bank. Many of our opportunities are enhanced by the Discover acquisition, which, of course, also brings the new opportunity to grow and scale our own global payments network. We continue to invest in network acceptance. And technology. As we have discussed, these investments will continue to be reflected in the efficiency ratio They are also the engine that powers long term growth. And returns. Pulling way up? We continue to build momentum from the game changing acquisition of Discover. Even though some individual variables in our deal model have moved since the announcement, and we have acquired Brex and brought in house the technology that supports Capital 1 travel we still expect our earnings power on the other side of the Discover integration to be consistent with what we expected at the time we announced the deal. And now we will be happy to answer your questions. Jeff? Jeff Norris: Thanks, Richard. We will now start the Q&A session. As a courtesy to other investors and analysts who may wish to ask a question, please limit yourself to 1 question plus a single follow-up. If you have questions after the Q&A session, the Investor Relations team will be available. Moshe, please start the Q and A. Operator: Thank you. Star 1 on your telephone and wait for your name to be announced. To withdraw your question, please press *1 again. And our first question comes from Terry Ma with Barclays. You may proceed. Terry Ma: Hey, thank you. Good afternoon. I wanted to start off with Brex. Richard, you had previously indicated that you could accelerate Brex's growth almost from day 1 through stepped up marketing a”