November 16, 2023 (NO COMMENTS)

Commerzbank’s loss sensitivity to an upward interest rate shock widened 33% in the third quarter, a sign the bank’s liabilities were increasingly informed by yield-curve developments. The lender modelled a €2.7 billion ($2.9 billion) drop in the present value of its end-September balance sheet should yields across all maturities instantaneously rise 200 basis points, compared with €2 billion at end-June. // It was the most liability sensitive Commerzbank has been since Q3 2021, when the