“We expect to continue to add bankers to this priority sector and in a number of additional markets and sectors where we have room to grow.”

In context

“sit and investment balances from Premier clients have also been steadily increasing and were up approximately ten percent from a year ago. Turning to our commercial businesses. The investments we have been making in corporate investment banking have continued to help drive growth with investment banking fees up sixteen percent during the first half of the year. We've also made steady progress increasing our US investment banking market share with our share up each of the last two years and again in the first half of 2025 driven by gains in leveraged finance and M&A. We're continuing to invest in top talent to strengthen and expand our commercial banking business. For example, in our technology banking group, we have grown our team of bankers by over twenty-five percent over the past year. We expect to continue to add bankers to this priority sector and in a number of additional markets and sectors where we have room to grow. In addition to driving growth in our core business, our strategy also includes simplifying our businesses and focusing on the products and services that matter most to our clients. As part of the strategic focus, in the second quarter, we entered into an agreement to sell the assets of our rail equipment leasing business. This transaction is expected to close in the first quarter of next year. As we look ahead, what we see regarding the health of our clients and customers has not changed. Consumers and businesses remain strong, as unemployment remains low and inflation remains in check. Credit card spending growth softened very slightly in the second quarter, but is still up year over year and remains strong overall. Debit card spending growth has remained strong and consistent with what”