Sep 22, 2020 / 01:50PM GMT
Rohith Chandra-Rajan - BofA Merrill Lynch, Research Division - Director & Senior Analyst
Good afternoon, everybody. Thank you very much for joining us for the discussion with Lloyds. (Operator Instructions)
So with that, I'm very pleased to welcome William Chalmers, CFO of Lloyds Banking Group. Afternoon, William. Thank you very much for joining us.
William Leon David Chalmers - Lloyds Banking Group plc - CFO & Executive Director
My pleasure, Rohith, thank you very much for inviting me.
Questions and Answers:
Rohith Chandra-Rajan - BofA Merrill Lynch, Research Division - Director & Senior AnalystIf we can just, I guess, dive into strategy. You talked about the ROT rebuilding to above the cost of equity in perhaps 2 to 3 years' time, even in the current rate environment. I'm just wondering if you could talk through the building blocks to get there and also what you consider to be an appropriate cost of equity?
William Leon David Chalmers<
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