A spate of recent fraud cases and bankruptcies has raised new concerns about a growing class of largely unregulated loans, with a sell-off in U.S. banking stocks bleeding into global markets this wee… [+1 chars]
Rise of ‘shadow banking’ brings new financial risks, experts say - The Washington Post
Banks have increased their reliance on private credit in recent years, exposing them to unregulated loans that often have little disclosure.
