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 ...

The crypto system, which was originally intended as an alternative to currencies that depend on a central authority like the state or banks, has developed into a credit-based shadow banking system.

An ongoing crisis in India’s shadow banking sector has sparked a credit crunch and contributed to a major economic slowdown in the country, pointing to a need for greater surveillance of these ...

Often it is not a bank—it is a shadow bank.­ Shadow banking, in fact, symbolizes one of the many failings of the financial system leading up to the global crisis. The term “shadow bank” was coined by ...