Mr. Mike Aynsley:

The ones I have been associated with previously were essentially universal banks or more akin to an AIB or Bank of Ireland, not monoline real estate banks. And, of course, you know, the very much larger institutions are a function of organisations that have evolved over particularly long periods of time and have activity that's a lot more represented in every sector of the economy.

And with these organisations, you get bureaucracy and you get structure-----