The amount that US banks have loaned to so-called shadow banks surpassed the $1 trillion mark, according to Federal Reserve data, even as regulators warn of potential risks to the financial system.
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Private Credit Market, Shadow Banking, Financely’s Private Credit Brokerage Services: Your Guide to…The Case for Shadow BankingExplainer - What is shadow banking?Chinese Shadow Bank Can’t Pay UpThe Fed reported Friday that lenders crossed the threshold in loans outstanding to non-deposit-taking financial companies such as fintechs and private credit investors at the end of January. The figure was about $894 billion a year earlier, the data show.
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