Mar 22, 2022 / 03:40PM GMT
Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
All right. I'd like to welcome our last speaker before lunch to the stage. And before I forget, lunch is on the other side of this wall, correct?
So we have a lunch speaker. Neil McLaughlin, Group Head of Royal Bank's Canadian Personal & Commercial Banking Unit. And I'd like to thank you for coming to Montreal and taking the time to sit down with us and go over a bunch of questions.
Questions and Answers:
Gabriel Dechaine - National Bank Financial, Inc., Research Division - AnalystOne place I'd like to start is on the -- the Royal has been pretty transparent and is talking about low interest rate environment, and mix shifts on the balance sheet has been a $2 billion revenue erosion -- source of erosion.
Neil McLaughlin - Royal Bank of Canada - Group Head of Personal & Commercial Banking
Yes.
Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst
And