“Now with respect to our targets, I want to be clear, we set medium-term targets for 2024, and we still plan on meeting those targets. And we don’t see anything in this environment that will prevent us from meeting those targets.”

In context

“ot of uncertainty, clients are still relatively active. Denis was just talking about M&A activity, and our clients are active. Capital markets activity is obviously down. This is not an environment where everyone is looking to shed all risk, but it’s certainly an environment where people are more cautious about risk. So we continue to monitor it, but I think it’s prudent and appropriate for us to be cautious. And if you go back and listen to some of the words, we said we’re evaluating things with respect to resources. We’re being flexible and being prepared to be nimble in case the environment gets worse. By the way, we don’t know that the environment is going to get worse. The environment might get better, too. So I just think it’s a time where prudence and caution makes a lot of sense. Now with respect to our targets, I want to be clear, we set medium-term targets for 2024, and we still plan on meeting those targets. And we don’t see anything in this environment that will prevent us from meeting those targets. I’m not going to speculate on a quarter-by-quarter basis as to what the trajectory looks along the way. But I would say in what’s been certainly a very difficult first half of the year, if you think about the headwinds we’ve faced in both public equity markets because of the war in Ukraine and the unwind of the business in Russia, etcetera, I think there have been some exogenous events in this first half of the year that certainly created bigger headwinds than we might see in other times going forward. So we remain comfortable and committed to our targets, and we will continue to move forward expeditiously to meet them. Christian Bolu: Okay, thanks. Maybe switch over to the consumer business. I wanted to get your latest thinking on that business. How is the profitability curve tracking? H”