(Free read ebook) The Shadow Banking System: Creating Transparency in the Financial Markets (Palgrave Macmillan Studies in Banking and Financial Institutions)
||From the Back Cover|Shadow banking has grown in importance, to even rival traditional banking. However, its role in fuelling real estate bubbles which burst in the later 2000s is commonly attributed as one of the major causes of the global financial crisis. |In
The book shows the fundaments of the shadow banking system and its entities, operations and risks. Focusing on the regulatory aspects, it provides an original view that is able to demonstrate that the lack of supervision is a market failure.
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