Bank Funding, Liquidity, and Capital Adequacy

José Gabilondo, Professor of Law, College of Law, Florida International University, US

'One of this book's greatest accomplishments is showing why banks still matter: they provide a useful lens for truly understanding our financial system. This book will be indispensable for anyone interested in how banks fund their operations. But it will be of equal interest to those who want to understand what led to the financial crisis of 2007-2009 and how we may go about trying to prevent or at least soften the next one.' --Manuel Utset, Florida State University'In this very readable book, Professor Gabilondo explores the heretofore unexamined issue of the challenges to bank funding in the aftermath of the 2008 financial crisis and the Dodd­-Frank Act. The book should be read by anyone involved with bank financing, including policymakers.' --Tom Hazen, University of North Carolina, School of Law'Jose Gabilondo has recognized that the distinguishing characteristic of banking is not the making of loans but rather the taking of deposits. Bank Funding, Liquidity, and Capital Adequacy comes at a time when regulators are placing increasing emphasis on the liability side of the balance sheet. Through its examination of liquidity coverage ratio requirements and the anticipated net stable funding ratio requirements, this book helps to put the importance of funding in the financial system into a meaningful perspective.'--Oliver Ireland, Morrison and Foerster

• Contents: Why Bank Funding? 2. The Wages of Intermediation 3. Other Funding Models Part II The Crisis And Its Conceptual Legacy 4. Funding Lessons From the 2007-2008 Crisis Part III Post-Crisis Funding Reform 5. Regulatory Capital 6. Regulatory Liquidity Concluding Observations Index