Bank Debt in Europe : 'Are Funding Models Broken' /

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 alt...

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Bibliographic Details
Main Author: Le Lesle, Vanessa
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/299
Online Access:Full text available on IMF