Clifford RossiJul 19, 20191 min readWill Shadow Banking Cause the Next Financial Crisis? Complicated by the recent entrance of Facebook, the opaque, poorly-regulated nonbank financing market could eventually threaten global financial stability. But there are steps regulators can take to mitigate shadow banking’s systemic risk.
Complicated by the recent entrance of Facebook, the opaque, poorly-regulated nonbank financing market could eventually threaten global financial stability. But there are steps regulators can take to mitigate shadow banking’s systemic risk.