Citizens Financial Group Inc (FRA:1C5)
€ 40.605 -1.08 (-2.59%) Market Cap: 18.41 Bil Enterprise Value: 22.74 Bil PE Ratio: 17.17 PB Ratio: 0.85 GF Score: 72/100

Citizens Financial Group Inc at Sanford C Bernstein Strategic Decisions Conference Transcript

May 27, 2020 / 12:00PM GMT
Release Date Price: €22.6 (+14.14%)
Brian D. Foran
Autonomous Research LLP - Partner & US Regional Banks

Good morning, everyone, and thanks for joining. Delighted to introduce -- welcome you to our 36th Annual Strategic Decisions Conference, obviously the first virtual Strategic Decisions Conference, this is the second year we as Autonomous Research have been running the conference along with the broader Bernstein franchise. We have over 100 CEOs presenting over the next 3 days, including 20 within the financial sector. So we're really delighted to be able to bring this to you and hope you find the next 3 days valuable.

To kick things off in the banks, we're delighted to have Bruce Van Saun from Citizens. He's the CEO of the company, led the company through a spinout and IPO, a little over 5 years, closer to 6 years ago. Over that time, he more than doubled the ROE, attracted a tremendous amount of leadership and talent to the bank and really expanded its presence and capabilities in several key areas. Obviously, COVID has changed things a little bit in 2020, but their bank is navigating things nicely, and we're delighted to

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