A top global financial watchdog says the “shadow banking” sector needs more regulation. Writing Monday (July 22) to a group of finance ministers and central...
A European Central Bank board member is warning of threats tied to shadow banking. In an interview with the Financial Times published Wednesday (July 10), Elizabeth McCaul said the growth of...
American lenders have loaned so-called “shadow banks” more than $1 trillion, and regulators are worried. That’s according to a report Saturday (Feb. 10) by the...
Today in Europe the Middle East and Africa (EMEA), the United Arab Emirates (UAE) is cracking down on money laundering by requiring estate agents to...
Corporates across China have reached a record high for loan defaults in 2019, according to a Financial Times report from Thursday (Dec. 26). Corporate defaults...
The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by...
The U.S. and China have begun to concern some economists with record levels of corporate debt. However, when U.S. Federal Reserve Chairman Jerome Powell spoke...
There’s a double-barreled threat pointed toward financial institutions, and now warnings are increasing about shadow banking. Meanwhile, there are moves afoot to remove friction from...
Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means...