Bank Debt in Europe: “Are Funding Models Broken”
Electronic Access:
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Summary:
The crisis in Europe has underscored the vulnerability of European bank funding models compared to international peers. This paper studies the drivers behind this fragility and examines the future of bank funding, primarily wholesale, in Europe. We argue that cyclical and structural factors have altered the structure, cost, and composition of funding for European banks. The paper discusses the consequences of shifting funding patterns and investor preferences and presents possible policy options and bank actions to enhance European bank funding models’ robustness.
Series:
Working Paper No. 2012/299
Subject:
Asset and liability management Bank deposits Banking Deposit insurance Financial regulation and supervision Financial statements Liquidity Liquidity requirements Liquidity risk Public financial management (PFM)
English
Publication Date:
December 20, 2012
ISBN/ISSN:
9781475522037/1018-5941
Stock No:
WPIEA2012299
Pages:
40
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