RBS's Davies on Lending, Gender Imbalance, Cyber Risks

The transcript discusses the banking sectors in Germany and Italy, highlighting differences in market concentration and consolidation opportunities. It covers RBS's market activity, noting trends in mortgage and consumer lending, and the impact of Brexit on corporate lending. The challenges of staffing, gender balance, and compensation in banking are explored, with a focus on the underrepresentation of women in economics and finance. The transcript also addresses cyber threats, emphasizing the distinction between rational and disruptive threats, and the importance of cooperation among banks and security agencies.

Which country in Europe has a larger scope for banking consolidation?

• Italy

• Germany

• France

• Spain

What is the current trend in unsecured consumer lending at RBS?

• Decreasing

• Stable

• Rising at 8% a year

• Rising at 5% a year

What is the impact of Brexit on corporate lending at RBS?

• Hesitation on investment

• Decreased consumer lending

• No impact

• Increased investment

What is a significant challenge in investment banking related to gender?

• High turnover rates

• Lack of qualified male candidates

• Overrepresentation of women

• Unattractive gender balance

What is a notable trend among economics and financial mathematics graduates?

• High unemployment rates

• Equal gender representation

• Low proportion of women

• High interest in non-banking sectors

What is a major concern for banks in terms of cyber threats?

• Distributed denial of service attacks

• Rational threats targeting money

• Physical security breaches

• Internal data leaks

How do banks in the UK cooperate to handle cyber threats?

• By forming a unified defense system

• Via security agencies like GCHQ

• By sharing defense mechanisms

• Through individual efforts