RBS's Hester Sees Opportunities for More Debt Buybacks (Audio)
Stephen Hester, chief executive officer of Royal Bank of Scotland Group Plc (RBS), speaks at a conference in London about business outlook, strategy and the possibility of more debt buybacks. (Source: Royal Bank of Scotland)
00:00 Opening; liquidity; lending; capital ratios 03:32 RBS "nearing the end of recovery phase" 04:29 EU divestments; capital; dividend policy 05:45 Regulation and reputation; 2013 goals 08:37 Ensuring recovered bank is "good bank" 12:05 Audio missing due to technical issues. 13:12 Restructuring process; "growth" strategy 18:25 "Doing a decent job" on service; costs 20:55 Business mix; reputation; capital 23:50 RBS close to becoming "recovered bank" 24:59 Outlook; cost management; "progress" 28:45 Questions: liquidity, possible bond buybacks 30:15 Hester responds to further questions.
Running Time: 41:42