A recent study published by political scientists at Freie Universität Berlin, Christopher Olk and Louis Miebs, indicates that ...

“Shadow banking” now accounts for $250 trillion, or 49% of the world’s financial assets, according to the Financial Stability Board. Hedge funds manage 15 times as many assets combined as ...

Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times. Save When it’s finally completed ...