Q: Your thoughts on earnings, please.
5i Research Answer:
EPS of 99c beat estimates of 98c; Revenue was $2.14B, up from $1.88B. Profit rose from 94c last year. Core earnings rose 0.7%. Asia was the standout with 7.3% growth, but the US fell 20% year over year. Global wealth rose 27%. New business ventures saw 'double digit' growth. Nothing earth-shattering here, but nothing really problematic either. We would keep an eye on US growth, especially considering recent uncertainty. We would remain fairly comfortable here overall.