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Author/Editor:
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Le Lesle, Vanessa
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Publication Date:
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December 20, 2012
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Electronic Access:
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Free Full text
(PDF file size is 1,829KB).
Use the free
Adobe Acrobat Reader
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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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.
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Order a print copy
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Series:
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Working Paper No. 12/299
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Subject(s):
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Banking sector | Europe | Banks | Debt | Liquidity | Risk management
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English
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Publication Date:
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December 20, 2012
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ISBN/ISSN:
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9781475522037/2227-8885
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Format:
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Paper
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Stock No:
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WPIEA2012299
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Pages:
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40
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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