“We are pleased to have reached our 2015 target of a Basel 3 Common Equity Tier 1 capital ratio of 10 %, while simultaneously adding significantly to our reserves. We achieved this thanks to strong operating performance and disciplined asset reduction. Furthermore, we are committed to further reducing balance sheet in a manner that enables us to meet requirements on leverage ratio, sustain our value proposition to clients and strengthen our business model without materially impacting financial performance.”