“And then sales and trading your guess is as good as ours, but we generally point to the sort of 15% seasonality in Q4 compared to Q3.”

In context

“n't be hurting us again from this point forward. The commercial part you're right to highlight, the commercial business, the GTS business is adding clients. We're doing more with clients. So that's adding gross fees. Many of the clients prefer that earnings credit adjustment as the way that they essentially pay interest, receive interest and then pay fees. So that came down probably $150 million this quarter. I think you should expect that come down again next quarter just with the way rates are going. And then the other fees are probably pretty straightforward. Wealth will be all about market levels with a 1-month lag based on where the markets are. Investment banking kind of flattish I would think, maybe hoping for a little bit of positive at some point but not necessarily this quarter. And then sales and trading your guess is as good as ours, but we generally point to the sort of 15% seasonality in Q4 compared to Q3. And we're coming off of obviously a pretty good period. Brian Moynihan : Yes. let me -- Ken, just -- one of the things I think if it goes a little bit to Mike's point a little bit to some of their points, is that about 80-odd percent, if I got exact I think it's 84%, if I got it? Of the interchange goes back to the customer base in terms of rewards products, either directly through our own rewards programs or through some affinity group programs. So obviously, as charges go up a fair amount of that goes back. Now what does that produce in value? It produces incredible value. So a lot of that in our preferred rewards fee structure, which reward structure, which goes across all products in our company, if you even just look at the preferred segment and why deposit pricing and the stability”