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(a) Distinguish between the activities of retail and investment banks and discuss how this has an impact on their approaches to risk management. (b) Explain
(a) Distinguish between the activities of retail and investment banks and discuss how this has an impact on their approaches to risk management. (b) Explain liquidity risk and credit risk faced by banks and discuss how banks manage these risks. (c) Explain why traditional banking has been on the decline in recent years
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