What is an example of a shadow bank?

Shadow banking includes many financial institutions. Examples are hedge funds, investment banks, private equity funds, money market funds, special purpose entity conduits (SPE), and structured investment vehicles (SIVs). We collectively call shadow banks. The presence of shadow banking enlarged the scale of the financial crisis in 2008-2009.

What does shadow banking mean?

What’s it: Shadow banking is intermediary financial activities but is not subject to the banking system’s regulatory oversight. They usually take other parts of the financial system, which commercial banks are neither allowed nor willing to take. Shadow banking includes many financial institutions.

Is shadow banking illegal?

such as loans by pawn shops or small businesses, but much of this activity is illegal.19 B. Size of the Shadow Banking Market in China It is difficult to precisely calculate the size and growth rate of the shadow banking system in China. The market lacks transparency because a significant amount of credit intermediation