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Regulators Worry as Banks’ Debt to Shadow Lenders Tops $1 Trillion

February 11, 2024
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 Financial Times (FT), which cites recent figures from the U.S. Federal Reserve showing that U.S. banks’ loans to non-deposit-taking financial companies had gone past $1 trillion at the end of […]