Reported 1 day ago
Banco Santander SA is planning to sell over a dozen significant risk transfers as part of its strategy to boost profitability. The Spanish bank is marketing synthetic risk transfers (SRTs) linked to more than €20 billion ($21 billion) of loans globally, including in the US, Germany, the UK, and Mexico. This initiative aims to free up capital for expanded lending and improve returns by utilizing various financial transactions. Santander's CEO has noted a transformative shift in the bank's capital management approach, which has significantly increased its capacity to manage assets and associated risks.
Source: YAHOO