10. The following excerpt is from a paper by Neil Adrian S. Cabiles of the University of...
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10. The following excerpt is from a paper by Neil Adrian S. Cabiles of the University of Bologna:
Bank engagement in securitization [re]lies on two rationales. One is that securitization provides the bank with an additional funding source and the other is that it can be a risk management tool.13
a. What is securitization?
b. Why is asset securitization a risk management tool?
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Foundations Of Global Financial Markets And Institutions
ISBN: 9780262039543
5th Edition
Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann
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