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Investor Presentaiton

Repositioning is Substantially Complete P Simplified the Bank 20 non-core (higher risk, low growth) countries exited since 2014 10 non-core (non-customer facing, low return) businesses exited since 2014 >90% of earnings generated from America's footprint Improved Earnings Quality >80% of earnings from six core markets (Canada, the US and Pacific Alliance) • Targeting higher earnings contribution from stable P&C Banking and Wealth Management businesses • Targeting 65%-70% from P&C Banking, ~15% from Global Wealth Management De-Risking the Bank • Improving credit quality metrics and generating higher mix of earnings from investment grade countries Exits from sub-investment grade, low growth jurisdictions Gross impaired loans ratio decreased from 110 bps in 2017 to 78 bps (pro forma) in 2019 12
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