Question: Question 3 (a) Explain the process of securitization that is carried out by banks and discuss the reasons why banks may wish to engage in

Question 3 (a) Explain the process of securitization that is carried out by banks and discuss the reasons why banks may wish to engage in such a process. (10 marks) (b) Discuss the role of securitization in the 2007/8 global financial crisis. (10 marks)
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