Commerzbank AG (XTER:CBK)
€ 15.55 -0.095 (-0.61%) Market Cap: 18.42 Bil Enterprise Value: -41.37 Bil PE Ratio: 8.69 PB Ratio: 0.57 GF Score: 55/100
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Commerzbank AG at Bank of America Banking & Insurance CEO Conference Transcript

Sep 20, 2022 / 10:30AM GMT
Release Date Price: €8.1 (+0.57%)
Unidentified Analyst

Thank you for -- Morning. Thank you for joining us. For the next session, we've got Commerzbank's CEO, Manfred Knof. Manfred, thank you very much for joining us this morning. It's a pleasure to have you here in person.

Manfred Knof
Commerzbank AG - Chairman of the Board of MD & CEO

Yes. Great. Thank you. .

Unidentified Analyst

As in previous sessions, there are tablets on your seat, so do feel free to submit questions via the tablet. I'll keep a track on those and ask the polite ones. Obviously, later in the session, if you do have questions that you would like to ask verbally, then please put your hand up, and I'll do my best to get to them.

Questions & Answers

Unidentified Analyst

So with that, Manfred, maybe just to start on strategy, which you announced at the beginning of 2021. The environment now is -- that was already a difficult environment, but now we've got a different environment. And at the time, the focus really was on significant cost cuts,

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