Question
Loan syndication and loan securitisation offer banks flexibility, but also involve financial risks for the particular players concerned, and can lead to broader problems for
"Loan syndication and loan securitisation offer banks flexibility, but also involve financial risks for the particular players concerned, and can lead to broader problems for the financial system as a whole". Critically discuss this statement.
Please provide long answer
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
