Economics

Shadow Banking Is Now a $52 Trillion Industry, Posing a Big Risk to the Financial System

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Nonbank lending, an industry that played a central role in the financial crisis, has been expanding rapidly and is still posing risks should credit conditions deteriorate.

Read more: https://www.cnbc.com/2019/04/11/shadow-banking-is-now-a-52-trillion-industry-and-posing-risks.html

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