Shadow banking grows to more than $45tn assets globally

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Share on LinkedIn (opens new window) Mail Save Save to myFT Caroline Binham in London 10 HOURS AGO 8 “Shadow banking” grew by nearly 8 per cent globally to more than $45tn on a conservative measure after international rulemakers were able to include detailed data from China and Luxembourg for the first time.

Shadow banking — the parts of the financial system that perform banklike functions such as lending but do not have the same safeguards — accounted for 13 per cent of total global financial assets, according to the Financial Stability Board, the international group of policymakers and regulators that makes recommendations to the G20.

From Shadow banking grows to more than $45tn assets globally

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Financial Cryptography: Corda Day - a new force

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