Visa Inc. (NYSE:V) KBW Fintech & Payments Conference February 27, 2024 10:15 AM ET Company Participants Chris Suh - CFO Conference Call Participants Sanjay Sakhrani - KBW Sanjay Sakhrani All right. So next up, we're pleased to welcome Visa. Representing from the company, we have Chris Suh, who was appointed as CFO this past August. Prior to Visa, he served as CFO of Electronic Arts and VP -- and Corporate VP and CFO of Cloud + AI group at Microsoft. Wow, okay. A lot happened in there. Chris Suh There's a li ...

American Express Company (NYSE:AXP) KBW Fintech Payments Conference Call February 27, 2024 9:30 AM ET Company Participants Christophe Le Caillec - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Sanjay Sakhrani Okay, perfect. Yes. So for our next presentation, we have American Express and representing from American Express, we have Christophe Le Caillec, who was named CFO August of 2023 after serving as Deputy CFO for American Express Global Consumer business. I know he’s back fro ...

China Yuchai International Limited (NYSE:CYD) Second Half and Full Year 2023 Earnings Conference Call February 27, 2024 8:00 AM ET Company Participants Kevin Theiss - Head, Investor Relations Weng Ming Hoh - President Choon Sen Loo - Chief Financial Officer Conference Call Participants William Gregozeski - Greenridge Global Operator Good day and thank you for standing by. Welcome to China Yuchai International Limited Second-Half and Fiscal Year 2023 Financial Results Conference Call. At this time all partic ...

Pan American Silver Corp. (NYSE:PAAS) BMO 33rd Global Metals, Mining & Critical Minerals Conference February 27, 2024 10:00 AM ET Company Participants Michael Steinmann - President and CEO Conference Call Participants Jackie Przybylowski - BMO Capital Markets Jackie Przybylowski Good morning. My name is Jackie Przybylowski, mining analyst here at BMO. And I'm happy to welcome our next presenter. We're going to do a fireside chat format. We've got Michael Steinmann, President and CEO of Pan American Silver. ...

Bank of America Corporation (NYSE:BAC) UBS Financial Services Conference February 27, 2024 9:40 AM ET Company Participants Aron Levine – President-Preferred Banking Conference Call Participants Erika Najarian – UBS (US) Erika Najarian Hello again everybody. So up next we have Bank of America. And joining us from Bank of America is Aron Levine. He is the President of Preferred Banking, Consumer and Small Business. Welcome, Aron. Aron Levine Great to be here. Thanks for having me. Erika Najarian Absolutely. S ...

Mastercard Incorporated (NYSE:MA) KBW Fintech & Payments Conference February 27, 2024 8:45 AM ET Company Participants Jorn Lambert - Chief Digital Officer Conference Call Participants Sanjay Sakhrani - KBW Sanjay Sakhrani Good morning, everyone. I also wanted to extend my welcome to our 14thAnnual FinTech and Payments Conference. I'm excited to have Mastercard present next. We have a conversation with the Chief Digital Officer, Jorn Lambert. He leads the Consumer Solutions Organization, which includes Mast ...

JPMorgan Chase & Co. (NYSE:JPM) UBS Financial Services Conference February 27, 2024 8:50 AM ET Company Participants Jeremy Barnum - Executive Vice President and Chief Financial Officer Conference Call Participants Erika Najarian - UBS Erika Najarian We are shifting from one powerhouse institution to another. Of course, the next company that we have up on stage needs no introduction. We have the CFO, Jeremy Barnum, of JPMorgan Chase. Jeremy, welcome. Jeremy Barnum Thank you. Happy to be here. Erika Najarian ...

Nutrien Ltd. (NYSE:NTR) BMO 33rd Global Metals, Mining and Critical Minerals Conference February 27, 2024 8:00 AM ET Company Participants Ken Seitz - CEO Conference Call Participants Joel Jackson - BMO Capital Markets Joel Jackson Good morning. Welcome to day two of the conference. So our first session this morning is going to be with Nutrien, who is of course the largest global fertilizer producer. Also is a very large retail farm center network. Very happy to welcome Ken Seitz, the CEO of Nutrien. Back a ...

The Goldman Sachs Group, Inc. (NYSE:GS) 2024 UBS Financial Services Conference February 27, 2024 8:00 AM ET Company Participants David Solomon - Chairman & CEO Conference Call Participants Brennan Hawken - UBS David Solomon Good morning. Brennan Hawken Thanks for coming, David. Really appreciate it. David Solomon Isn't this better than being in New York at the end of February? Brennan Hawken Without a doubt. Absolutely. And I know it's something that you've made a regular appearance with. So, we're really h ...

Key Points Industry and Company * **Industry**: Aluminum and alumina production * **Company**: Alcoa Corporation (NYSE:AA) * **Conference**: BMO 33rd Global Metals, Mining & Critical Minerals Conference Transaction Details * **Transaction**: Acquisition of Alumina Limited by Alcoa * **Ownership**: Alumina Limited shareholders will own 31.25% of the combined company, Alcoa shareholders will own 68.75% * **Value**: Enterprise value of approximately $2.5 billion * **Debt**: Alcoa will assume $300 million of Alumina Limited debt * **Listing**: Alcoa will list its CDIs in Australia for exchange between shares Transaction Justification * **Opportunity**: Small window of opportunity to complete the transaction due to favorable share prices * **Benefits**: * **Alumina Limited shareholders**: Premium on closing price, exposure to the entire aluminum value chain, access to new technologies * **Alcoa shareholders**: Greater exposure to upstream business, synergies, simplified equity story * **Stakeholders**: Doubling down in key locations, benefits for communities Growth Opportunities * **Near-term (3-5 years)**: Incremental growth opportunities, smelter restarts, creep projects, and small growth projects * **Long-term (10+ years)**: Breakthrough technologies (ELYsis, ASTRAEA, Refinery of the Future) Development Projects * **ELYsis**: Carbon-free aluminum manufacturing partnership with Rio Tinto and the government of Quebec * **Next milestone**: Starting commercial size sales in 2024 * **Commercialization**: Expected in 2026 * **New smelters**: Alcoa will not build new smelters without ELYsis EBITDA Improvement * **Target**: $645 million by the end of 2025 * **Actions**: * **Raw material costs**: $310 million improvement * **Advancing competitiveness**: $100 million cost reduction * **Warrick restart**: Additional 45x savings * **Alumar restart**: Incremental EBITDA * **Kwinana curtailment**: Economic benefits * **San Ciprian**: Improvements and support from stakeholders required Other Key Points * **Secondary market**: Alcoa is evaluating entry into the secondary market, focusing on ASTRAEA technology * **Energy transition**: Aluminum is critical to the energy transition, with increasing demand in electric vehicles and electric cabling * **Gallium**: Alcoa has significant gallium reserves but has not yet developed an economic extraction method * **Permitting in Western Australia**: Alcoa has received permits for continuing operations and is progressing on Part 4 permits for new mining areas