Full Year 2020 Natwest Group PLC Earnings Call Transcript
Welcome, everyone. Today's presentation will be hosted by Chairman, Howard Davies; CEO, Alison Rose; and CFO, Katie Murray. After the presentation, we'll open up for questions.
Good morning, everyone, and thank you for joining Alison, Katie and me for our full year 2020 results presentation. It's fair to say that 2020 was a year like no other. Politicians, regulators and industry leaders have to come together and find urgent solutions to a series of rapidly evolving challenges caused by the pandemic. And the United Kingdom left the European Union after nearly 50 years of membership. At the last minute, the trade agreement with the EU avoided a disorderly exit, but there's still a lot of work to do and significant uncertainty persists, particularly in financial services. The direct impact of Brexit is not as significant for the NatWest group as it is for banks with larger EU or markets operations. And we are as prepared as we can be through well-capitalized operational entities in the EU. Any wider
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