Most American adults easily recognize the following description of the 2008 financial crisis. Unregulated Wall Street firms (so-called shadow banks) made too ma
Shadow banking refers to bank-like financial activities that are conducted outside the traditional commercial banking system, many of which are unregulated or l
The book shows the fundaments of the shadow banking system and its entities, operations and risks. Focusing on the regulatory aspects, it provides an original v
Shadow banking refers to bank-like financial activities that are conducted outside the traditional commercial banking system, many of which are unregulated or l
Shadow banking – a system of credit creation outside traditional banks – lies at the very heart of the global economy. It accounts for over half of global b