Friday May 25, 2012

Watchdogs to drag shadow banks into the light

Reuters – Beyond the reach of regulators, and about half the size of the world’s banking industry, a thriving breed of “shadow banks” is emerging that could trigger the next chapter in the global financial crisis.

Reuters - Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis.

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