Deutsche Bank, Santander Test World Bank’s Risk Transfer Engine The global banking crisis has left a trail of devastation in its wake.
Many institutions have struggled to recover from toxic assets, failing loans, and inadequate risk management. Innovative solutions are desperately needed to mitigate the risks associated with large scale bank failures.
Deutsche Bank and Santander, two major players in the global financial system, have taken a significant step towards addressing this challenge by testing the World Bank's Risk Transfer Engine.