What is Shadow Banking?

What is Shadow Banking?
There is much confusion about what shadow banking is. Some equate it with securitization, others with non-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can create systemic risk. This paper proposes to describe shadow banking as "all financial activities, except... READ MORE...

Publication date: February 2014
ISBN 9781475597349
$18.00

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