Fiordelisi, Franco and Scardozzi, Giulia (2022) Bank Funding Strategy After the Bail-in Announcement. Journal of Corporate Finance, 74. p. 102215. DOI https://doi.org/10.1016/j.jcorpfin.2022.102215
Fiordelisi, Franco and Scardozzi, Giulia (2022) Bank Funding Strategy After the Bail-in Announcement. Journal of Corporate Finance, 74. p. 102215. DOI https://doi.org/10.1016/j.jcorpfin.2022.102215
Fiordelisi, Franco and Scardozzi, Giulia (2022) Bank Funding Strategy After the Bail-in Announcement. Journal of Corporate Finance, 74. p. 102215. DOI https://doi.org/10.1016/j.jcorpfin.2022.102215
Abstract
Euro area countries have recently moved to a new centralized bail-in framework by removing implicit public guarantees. Our paper analyzes banks’ funding strategies after the bail-in proposal. We show that Euro area banks relied more on cheaper and better protected sources of funding, such as deposits, and reduced fund collection from sources with a weaker creditor protection, such as bonds.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | bail-in; banking stability; bank funding; liability management |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Essex Business School |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 30 May 2022 14:15 |
| Last Modified: | 30 Oct 2024 19:33 |
| URI: | http://repository.essex.ac.uk/id/eprint/32812 |
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