Dec 10, 2019 / 01:30PM GMT
Ryan Matthew Nash - Goldman Sachs Group Inc., Research Division - MD
All right. Kicking off with the regional banks, we have Citizens Financial. Citizens recently celebrated its fifth year as a public company. And over that time, it's had the greatest amount of return improvement of any bank in its peer group. More recently, despite a more challenging rate backdrop, it's continued to drive operating leverage through its expense discipline, its top programs, including TOP 6, which is the largest to date. Here to tell us more about how they're going to keep the momentum going is Chairman and CEO, Bruce Van Saun. Today's presentation is going to be fireside chat.
Questions and Answers:
Ryan Matthew Nash - Goldman Sachs Group Inc., Research Division - MDSo Bruce, I figured maybe we'd start big picture. If you went back to the time of the IPO, you set out to improve returns. You were at mid-single digits. You've improved them now to double digits. Now rates have started to come back down and things have leveled off slightly. So now that you've been public for