A giant loses its way.
At the height of the recent financial crisis, a large Europe-based bank, faced with collapse, underwent a dramatic government takeover. Clearly, the bank had underestimated its vulnerability to market instability. To reclaim its independence and the public’s confidence, it had to change the way it conducted business.
A straight path to recovery.
Many of the bank’s problems stemmed from an ingrained pattern of risky investments and decision-making. Today, DSI is helping the bank restructure its approach to risk management. Still ongoing, this effort involves educating over 1,400 executives to reframe their understanding of risk. DSI is helping change the organization’s culture so that individuals at every level can recognize and evaluate risk — spreading accountability to all corners of the bank’s operations.