Commerzbank most exposed to rate hike among European banks

Commerzbank had the highest vulnerability to an upward interest rate shock among 33 European banks at the end of 2025, with a parallel upward shock projected to reduce its economic value of equity by an amount equivalent to 13.2% of Tier 1 capital.

Vol control indexes rewire for V-shaped rebounds

“Thanks to quick central bank and political interventions, the lifespan of crises has become shorter and shorter since 2008. The latest one triggered by the Iran conflict is the quickest recovery the market has ever experienced. In such environments, a typical volatility control methodology would take longer to fully participate in the recovery” – Julien Chuard, UBS