Commerzbank CFO Sees Strategy on Track in 1Q Results

The transcript discusses a company's strategic plan and its successful implementation, evidenced by strong financial results. It covers the company's decision to scale back its trading business, the financial performance of various business units, and plans to exit a specific business by setting up a new legal entity. The company is also focused on cost reduction and workforce management, having reduced headcount significantly. Additionally, the company is ahead of its customer growth targets and is open to M&A opportunities to further expand its client base.

What is the basic belief regarding the strategy announced at the end of last year?

What factors contributed to the growth in the trading business?

How did the results reported compare to the estimates?

What is the plan regarding the exit from the business?

What progress has been made in reducing headcount?