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 bank governors, Financial Stability Board (FSB) Chair Klaas Knot said recent “incidents of market stress and liquidity strains” have shown that non-bank financial institutions...
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 hedge funds, private credit providers and other sources of financing outside the regulated banking system is the largest threat to...
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...
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 report payments made in crypto while Deutsche Bank will be working with Traydstream to automate document checking. In the U.K,...
April 15, 2019
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 of managing their financial lives. Last week’s Capitol Hill hearing — and our own data on just where we will bank — helped spotlight the concerns that might keep traditional FI executives up at night.
July 22, 2024
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 bank governors, Financial Stability Board (FSB) Chair Klaas Knot said recent “incidents of market stress and liquidity strains” have shown that non-bank financial institutions (NBFIs) can cause or worsen systemic risks to the larger financial system. […]
July 10, 2024
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 hedge funds, private credit providers...
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...
July 05, 2019
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 Wall Street Journal. The...
