Most financial institutions are regulated. They offer transparency and there are restrictions that prevent them from implementing high-risk investment strategies with your money.

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.

Shadow lending poses significant risks to financial stability, with major regulators highlighting vulnerabilities and the substantial exposure of large and small banks to shadow lenders.

The U.S. shadow banking sector, which involves nonbank financial intermediaries, has been ranked as the most likely cause of a global credit crisis by 29% of investors, the Bank of America global ...

The U.S. Treasury Department is imposing sanctions on a what it calls a shadow banking network for Iran’s military. The sprawling network expands to 50 people and firms in Hong Kong, the United ...

U.S. Sanctions 'Sprawling' Shadow Banking Network for Supporting Iranian Military WASHINGTON (AP) — The U.S. Treasury Department said Tuesday it is imposing economic sanctions on 50 people and ...

The US has already sanctioned what it claims are Iranian shadow banking businesses. In March 2023, the US imposed economic sanctions on 39 firms it said were linked to a shadow banking system that ...

Of particular concern is the spillover effect on the “shadow banking sector,” a mysterious and enormous part of China’s financial landscape. The industry, worth about $3 trillion at its ...

Global financial regulators are preparing a clampdown on so-called shadow banking as they confront the unintended consequences of previous waves reform that pushed risks into hidden corners of the ...

In total, China’s shadow banking sector manages about $4.5 trillion. “The risk of contagion is high because lending by trusts is ubiquitous and opaque, and investment in them produces tangled ...

As a result of such moves, the issuance of shadow-banking products in the first half of this year was at its weakest in a decade, according to Capital Economics, a research firm. The crackdown has ...