...Good morning, everyone, and thank you for joining us. As you all know, over the past decade, we've dramatically transformed our business model. We've grown the contribution of more durable balance sheet-light sources of revenue, investing in Wealth Management and Investment Management while maintaining our leadership position and taking share across our integrated investment bank. The intention has been to provide stability to our firm in terms of serious stress and to provide strength and value to our clients in times of volatile and active markets. The environment for the second quarter provided exactly that test: the COVID health crisis, economic collapse and a tremendous surge in unemployment; massive fiscal and monetary stimulus; operating with 90% of employees working from home; extraordinary client financing demand; an increase in corporate defaults and bankruptcies; and record market volumes. Against this extremely challenging backdrop, I'm very proud of my colleagues, the way they...
