NatWest Group PLC (XTER:RYSD)

€ 4.814 0 (0%) Market Cap: 38.42 Bil Enterprise Value: -80.74 Bil PE Ratio: 7.62 PB Ratio: 0.85 GF Score: 69/100

Royal Bank of Scotland Group PLC at Morgan Stanley European Financials Conference Transcript

Mar 19, 2019 / 08:50AM GMT

Release Date Price: €3.42 (-0.38%)

Transcript

Unidentified Analyst

Thank you, everyone, for coming to this RBS Presentation with CEO, Ross McEwan. As usual, we're going to start with a polling question first, and then we're going to do a fireside chat format for this session.

So the question, the polling question, is management has pointed out Brexit uncertainly has created downside risk to the cost income target. However, they've maintained the over 12% ROTE target. What do you think is the most important lever to achieve this target? Number one, a steeper yield curve post-Brexit; number two, some easing in mortgage competition; number three, improvements in revenues at NatWest Markets; number four, loan loss provisions remaining low as Brexit risks materialized; number five, share buybacks and capital return exceeding expectations.

(Voting)

Unidentified Analyst

So a bit mixed but steeper yield curve and share buybacks. So with that, it'd probably be good to (inaudible).

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