Royal Bank of Canada (NYSE:RY)
$ 120.88 -0.2 (-0.17%) Market Cap: 171.14 Bil Enterprise Value: 420.83 Bil PE Ratio: 15.51 PB Ratio: 2.09 GF Score: 71/100

Royal Bank of Canada at Barclays Global Financial Services Conference Transcript

Sep 11, 2019 / 03:15PM GMT
Release Date Price: $78.25 (+0.53%)
John Aiken
Barclays Bank PLC, Research Division - Director & Senior Analyst

Okay. Ladies and gentlemen, we'll start off with the next round. Very happy to have Rod Bolger who is the Chief Financial Officer of Royal Bank. Rod, thanks for joining us.

Rod Bolger
Royal Bank of Canada - CFO

Thanks, John.

Questions & Answers

John Aiken
Barclays Bank PLC, Research Division - Director & Senior Analyst

If I can just start off with a broader question on macro. There's a lot of concerns right now in terms of what's going on, headlines, Twitter, what have you. What's Royal's stance on outlook? And while it may not be the base case, how is the bank preparing for the possibility of an economic slowdown?

Rod Bolger
Royal Bank of Canada - CFO

Yes. Well, part of our role is to prepare for that slowdown and be ready when it happens and not necessarily try to time when it happens. And when you look at the economic data out there, it continues to be strong, it

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