US G-sibs’ lending to shadow banks hits record highBy John Crowley
August 22, 2023
Banks deemed “too big to fail” are behind more than 60% of loans to shadow banks, the US’s leading bank regulator has warned in its annual rundown of top risks facing banks.
The US’s eight global, systemically important banks reported a 9.2% year-on-year growth in loans to non-banking ...
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