Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   No comments
General News

Shadow Banking Grows to $67 Trillion Industry, Regulators Say

Quicklink Submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink

Related Topic(s): ; ; , Add Tags  

View Ratings | Rate It

opednews.com

Become a Fan
  (45 fans)
The shadow banking industry has grown to about $67 trillion, $6 trillion bigger than previously thought, leading global regulators to seek more oversight of financial transactions that fall outside traditional oversight. The size of the shadow banking system, which includes the activities of money market funds, monoline insurers and off- balance sheet investment vehicles, 'can create systemic risks' and 'amplify market reactions when market liquidity is scarce,' the Financial Stability Board said in a report, which utilized more data than last year's probe into the sector.
Read the rest of the story HERE:

At www.bloomberg.com

 

- Advertisement -

View Ratings | Rate It

opednews.com

Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Related Topic(s): ; ; , Add Tags
- Advertisement -