𝔖 Bobbio Scriptorium
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THE GROWING MIDDLE MARKET DEMAND FOR SOPHISTICATED FINANCIAL PRODUCTS

✍ Scribed by Marcus W. Acheson IV


Book ID
117964757
Publisher
John Wiley and Sons
Year
1994
Weight
143 KB
Volume
7
Category
Article
ISSN
1078-1196

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## Abstract This study analyzes bank margins in the German secondary market for exchange‐traded structured financial products, with particular emphasis on the influence of banks' credit risk. A structural model allowing for the incorporation of correlation effects between market and credit risk is