Lamar Persol's questions to ROYAL BANK OF CANADA (RY) leadership • Q2 2025
Question
Questioned the rationale for introducing a new downside scenario specifically for trade disruption, suggesting it might imply a more persistent risk than previously communicated.
Answer
The level of trade uncertainty intensified significantly during the quarter, prompting the creation of a more specific scenario to directly address and model the current risks within their existing framework, rather than relying on subjective management overlays.