Abstract
Banks finance themselves with a variety of sources, with different maturities and credit risk characteristics. Heavy reliance on short-term wholesale funding in the years preceding the financial crisis, a distinctive characteristic of the Originate to Distribute (OTD) business model in banking, turned out to be a source of subsequent problems.
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© 2015 Paola Bongini, Arturo Patarnello, Matteo Pelagatti and Monica Rossolini
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Bongini, P., Patarnello, A., Pelagatti, M., Rossolini, M. (2015). How Difficult Is It to Raise Money in Turbulent Times?. In: Beccalli, E., Poli, F. (eds) Lending, Investments and the Financial Crisis. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137531018_1
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DOI: https://doi.org/10.1057/9781137531018_1
Publisher Name: Palgrave Macmillan, London
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