Barclays Global Financial Services Conference
A quick reminder - Implementing our strategy
Core Bank
The focus for sustainable value creation
Built around customer driven franchises
■Comprehensive business restructuring.
■ Substantial efficiency and resource changes
Adapting to future banking climate (regulation,
liquidity etc)
Non-Core Bank
The primary driver of risk reduction
Businesses that do not meet our Strategic
Tests, including both stressed and nonstressed
assets
■Radical financial restructuring
Route to balance sheet and funding strength
Reduction of management stretch
Cross-cutting initiatives.
■ Strategic change from "pursuit of growth", to "sustainability, stability and customer focus
■Culture and management change
■Fundamental risk "revolution" (macro, concentrations, management, governance)
*RBS Group
4View entire presentation