The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Hugo Moniz Marques Da Cruz - Keefe, Bruyette & Woods Limited, Research Division - Analyst
: Could you just -- you said you have a new business plan. I mean could you just give a bit of an indication what should be the focus of the new
business plan? What you think you can flex in the next 2 to 3 years? Basically that was it.
Question: Hugo Moniz Marques Da Cruz - Keefe, Bruyette & Woods Limited, Research Division - Analyst
: Sorry, I'm not sure if you -- perhaps you can't hear me well. I was asking about the new business plan -- the strategic plan that you expect to approve
by the end of the year. I was just wondering what would be the focus of that plan in order to improve profitability. What key levers you think you
can flex to improve the ROE of the bank?
Question: Domenico Santoro - HSBC, Research Division - Analyst
: Couple of follow-ups from my side. First of all, on the 26 bps that you accrued in the quarter as a result of the deconsolidation of risk-weighted
assets related to transaction. This is regardless of the use of the GACS. So just wondering, what could be the Plan B differently? You already hinted
something in the last call. Then on the LGD waiver, any update on this, given that the -- all the final details now are out in the banking package?
And I remember in the last call you gave some indication about the recurrent profit for this year in terms of gross operating profit. Just wonder
whether you can give us an update on this qualitatively or numerically, just understand where we could land in 2019.
Question: Domenico Santoro - HSBC, Research Division - Analyst
: So you already basically included the risk-weighted assets, right, for the deconsolidation, I mean.
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MAY 08, 2019 / 4:30PM, BAMI.MI - Q1 2019 Banco Bpm SpA Earnings Call
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