Deutsche Bank Needs to Transform With or Without Merger, Says Risky Finance's Dunbar

The transcript discusses the challenges faced by Deutsche Bank and Commerzbank in their potential merger. It highlights the issues of high leverage, risk management, and the need for transformation. The options for the banks include cost-cutting, asset sales, or raising capital, all of which are politically sensitive. The German banking industry is overbanked, necessitating digitalization and job cuts. The transcript also covers Deutsche Bank's financial struggles, including low returns and high risks, and the need for a convincing strategy to transform the bank.

What are the two main options for Deutsche Bank and Commerzbank if they do not combine?

Why is it politically difficult for Deutsche Bank to cut costs?

What challenges does Deutsche Bank face in raising capital?

How does the overbanking situation in Germany affect the banking industry?

What is the significance of app-based banking in the context of Deutsche Bank's future?

In what ways has Deutsche Bank's cost-income ratio affected its performance?

What are the implications of the current management's strategy for Deutsche Bank?