The Western Union Co (NYSE:WU)

$ 12.85 0.06 (0.47%) Market Cap: 4.35 Bil Enterprise Value: 3.97 Bil PE Ratio: 7.60 PB Ratio: 10.96 GF Score: 76/100

Western Union Co at Deutsche Bank Virtual Technology Conference Transcript

Sep 14, 2020 / 08:00PM GMT

Release Date Price: $22.57 (+2.03%)

Transcript

Bryan Connell Keane

Deutsche Bank AG, Research Division - Research Analyst

Okay. Great. Sorry about the delay. Again, we're happy and excited to have Raj Agrawal here from Western Union, who's the CFO. I'm Bryan Keane, I'm the senior analyst in processors and IT services at Deutsche Bank.

And so I think the format for a virtual fireside chat will be, I'll fire off to Raj a few questions. And if you have any questions you want to submit, you can submit it through the portal or you can e-mail me directly.

Questions & Answers

Bryan Connell Keane

Deutsche Bank AG, Research Division - Research Analyst

And with that, Raj, I will turn it over to you and just ask kind of a bigger picture question, just thinking about the strong recovery in the C2C remittance growth from about down 21% in April to plus 6% in June. And it also remained strong in July at plus 10%, but underlying growth there normalized for holidays. In the Middle East, growth was similar to June. But just trying to figure out -- that was a bigger rebound than I think maybe most

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