investor analyst day december 16 2005 charles prince chief executive officer 2 review sold life insurance & annuities asset management legg mason transaction restructured us consumer expanded distribution enhanced product capability elevated new generation of senior managers repurchased 8 4b stock resolved several pending matters changed performance evaluation and reward structure internal controls strategic capital legal regulatory infrastructure 3 who we are 4 simple objectives improve the lives our customers help businesses strengthen grow support community development achieve strong growth returns for shareholders provide financial products services that most global presence physical serving clients no 5 broadest up to 100 alms 10 finance locations retail banking branches cib corporate office smith barney 6 valuable brand source interbrand top study ranked 1 in 12 th overall 7 unmatched scale efficiency largest base industry leading margins highest revenues net income breadth convenience
