Announced cornerstones of “Strategy 2024” confirmed
Supervisory Board supports content and technical aspects of strategy proposed by Board of Managing Directors and constructively backs implementation
Initial arrangement has been made between the employee representatives and the Board of Managing Directors on provisions for employees as well as on negotiations
Private and Small-Business Customers: combination of a scalable online bank with personal advisory to increase efficiency
Corporate Clients: focus on clients with German connectivity and streamlining of international presence allow for consistent RWA management and higher profitability
CEO Manfred Knof: “Our new strategy creates the prerequisites for a sustainably profitable Commerzbank.”
Preliminary financials 2020: operating profit at
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