We will not be adopting the two other variants of Basel II - the Standardized and Foundation Internal Ratings Based Approaches - that have been developed by the Basel Committee.
We expect to require about ten large U.S. banks to adopt the A-IRB approach, but we anticipate that a small number of other large entities will choose to adopt it as well after making the necessary investment to support their participation. All other banks in this country will remain on the current Basel I capital standard when the new Accord is implemented.