Commerzbank Names Knof New CEO

The video discusses the pronunciation of names and transitions into significant personnel changes in German banks, focusing on Commerzbank. It highlights Commerzbank's share price drop, failed merger with Deutsche Bank, and the appointment of a new leader from Deutsche Bank. The new leader is expected to implement strategies to cut jobs and improve share prices. The financial break-even points for major shareholders like Cerberus and the German Government are also discussed.

How many jobs is the new leader expected to cut at Commerzbank?

What price must Cerberus achieve for Commerzbank shares to break even?