that banks used this form of securitization to concentrate, rather than disperse, financial risks in the banking sector …

understanding for the motivation to originate securitization products is less discovered. Therefor this paper tries to identify main … to securitize that are in line with observable behavior of market participants. US banks use securitization mainly as … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed …

securitization or if they choose vertical slice retention instead of retaining the equity tranche. Moreover, the relevance of credit …