Surveillance: RBC Open To Tactical Acquisitions, McKay Says
Bloomberg Surveillance
Bloomberg
4 • 1.1K Ratings
🗓️ 12 March 2019
⏱️ 28 minutes
🧾️ Download transcript
Summary
Dave McKay, RBC President & CEO, says the company is open to "tactical" acquisitions. Howard Ward, Gabelli Funds CIO of Growth Equities, believes that orders of the Boeing 737 MAX 8 will remain intact. Lindsey Piegza, Stifel Chief Economist, says wage growth came too little and too late. Christopher Jasper, Bloomberg European Transportation Deputy Team Leader, explains the differences between the Boeing 737 MAX 8 and previous models.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The media alone can't ease the tensions that come from the debate surrounding the issues we deal with every day. |
| 0:05.7 | However, we can create spaces where people can freely kick the tires of their preconceived notions. |
| 0:11.2 | I'm Tim O'Brien, and I'm the senior executive editor at |
| 0:13.8 | Bloomberg Opinion. On our platform we ask tough questions and solve complex |
| 0:18.1 | problems with the facts in mind. Because context changes how you see things and |
| 0:22.4 | how you change things. |
| 0:23.6 | Context changes everything. |
| 0:25.6 | Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene. |
| 0:43.6 | Daily, we bring you insight from the best in economics, finance, investment, and international |
| 0:48.9 | relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, |
| 0:53.8 | Bloomberg.com, and of course, on the Bloomberg. |
| 0:57.0 | From New York City, I'm very pleased to say we're here at the RBC Capital Markets |
| 1:06.9 | Financial Institutions Conference and joining me here in New York at this |
| 1:10.8 | conference I'm pleased to say is the RBC CEO himself |
| 1:14.6 | Dave McKai, Dave great to catch up you this morning. |
| 1:17.0 | Good morning, nice early start to the day. |
| 1:18.6 | So let's talk about your expansion into the United States and why you're ultimately here. So many people have tried to do this and pretty much |
| 1:25.9 | every day my co-anchor Tom Keene and I will talk about European banks that have failed in |
| 1:30.9 | their effort to expand in the United States. Why are you different? |
| 1:33.6 | Well I think it comes back to this is not an overnight success we've been working at |
| 1:38.0 | this for 10 years. It goes back to the early part of the last recession where we had balance sheet, put that balance sheet |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.