Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009

The Global Financial Crisis of 2007 – 2009 showed how vital liquidity was in the management of risks. The aftermath of the crisis saw the financial system as a whole taking better measures to ensure that liquidity was well managed across financial institutions. This paper provides empirical evidence...

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Main Author: Okocha, Ozioma
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27488/
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author Okocha, Ozioma
author_facet Okocha, Ozioma
author_sort Okocha, Ozioma
building Nottingham Research Data Repository
collection Online Access
description The Global Financial Crisis of 2007 – 2009 showed how vital liquidity was in the management of risks. The aftermath of the crisis saw the financial system as a whole taking better measures to ensure that liquidity was well managed across financial institutions. This paper provides empirical evidence on how banks managed their liquidity during the crisis. I find that core deposits and capital played an important role in the management of liquidity. Banks hoarded liquid assets to hedge themselves in anticipation to further losses. I also find that the size of the bank does not play a significant role in the management of bank liquidity risk.
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spelling nottingham-274882017-12-28T23:45:29Z https://eprints.nottingham.ac.uk/27488/ Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009 Okocha, Ozioma The Global Financial Crisis of 2007 – 2009 showed how vital liquidity was in the management of risks. The aftermath of the crisis saw the financial system as a whole taking better measures to ensure that liquidity was well managed across financial institutions. This paper provides empirical evidence on how banks managed their liquidity during the crisis. I find that core deposits and capital played an important role in the management of liquidity. Banks hoarded liquid assets to hedge themselves in anticipation to further losses. I also find that the size of the bank does not play a significant role in the management of bank liquidity risk. 2014-09-18 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27488/1/Ozioma_Okocha%27s_Dissertation.pdf Okocha, Ozioma (2014) Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Okocha, Ozioma
Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009
title Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009
title_full Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009
title_fullStr Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009
title_full_unstemmed Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009
title_short Liquidity Risk Management of Large U.S Banks during the Financial Crisis of 2007 – 2009
title_sort liquidity risk management of large u.s banks during the financial crisis of 2007 – 2009
url https://eprints.nottingham.ac.uk/27488/