Commerzbank CFO Says Bank Will `Closely Monitor' Pandemic

The transcript discusses the ongoing impact of the pandemic on financial markets, highlighting adjustments made by banks to manage potential defaults. It covers the performance of the banking sector amidst market volatility, strategic changes with a focus on cost reduction, and the integration of Comdirect to generate synergies. The discussion also touches on ECB policies and the economic outlook for the winter, with a focus on potential insolvencies.

What strategic changes are anticipated with the arrival of the new CEO?

What synergies are expected from the integration of comdirect?

What are the expectations regarding insolvencies in January 2021?