Mr. Cormac McCarthy:

I explained to him what the impact was on Ulster Bank, that, you know, we were systemic in ... we believed ourselves to be systemic in that we had branches and business relationships across the country, and that already we had seen the impact of this, even though it was early in the day, of deposits leaving us to go to the competition. So the message I was giving was that this was having a significant impact on us and, by implication, it would have an impact on our customers.