Commerzbank CFO on Earnings, Consolidation, Brexit

Commerzbank CFO on Earnings, Consolidation, Brexit

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Business, Social Studies

University

Hard

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The transcript discusses the market conditions and strategic decisions of a bank, focusing on the competitive environment, interest rates, and performance in corporate and retail sectors. It highlights the sale of EMC to focus on core business and manage costs through digitalization. The bank aims to meet revenue targets despite challenges. Industry consolidation is seen as necessary, with a focus on national over transnational mergers.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations regarding the revenue target for 2020?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the low interest rate environment mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's view on the consolidation of banks in Germany?

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