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"The reality is our recent performance has been poor.
The business environment in our markets remains challenging and our recent performance is disappointing".
Even to match our recent performance in poverty reduction in the next 15 years, India and sub-Saharan Africa would need to match China's economic performance in the past 30 years.
Sands, who said the bank had enough capital, said: "We recognise our recent performance has been disappointing and we are absolutely determined to get back on to a trajectory of sustainable, profitable growth, delivering returns about our cost of capital".
Will it be by taking on more debt or selling real-estate holdings—or are there further strategic changes in the pipeline?"The reality is our recent performance has been poor.
"We are disappointed with our recent performance.
Similar(50)
Our recent performances have been top-quality but you have to say we have not been gifted with luck.
Australia's retreat from being a global leader at tackling climate change is as impressive as our recent performances at the cricket.
"We take full responsibility for our recent performances.
"I think we can be very pleased with our recent performances.
"His distribution from the back has been key to our recent performances so it's [offering him a permanent deal] certainly something we will look at".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com