The shadow banking sector got a bad press after the global financial crisis, but it can be a valuable source of innovation while helping to mitigate financial risk, writes Harald Benink of the European Shadow Financial Regulatory Committee.
Latest articles from World
At the end of April, Romania’s parliament approved a bill allowing borrowers to walk away from their mortgage debts. The Banker looks at mortgage holdings of the largest banks in the country.
There is growing exasperation in the banking community regarding the Basel Committee on Banking Supervision’s desire to reduce variations in bank risk-weighted assets in the name of simplifying comparisons, writes Justin Pugsley.
With the property market going up and unemployment coming down, Spain’s banks are hoping a renewed focus on their core customers and domestic market will spur a slow but steady recovery as the country emerges from recession. Jules Stewart reports.
India's public sector banks are suffering from high non-performing assets and poor capitalisation. The government is considering privatisation as a way to revamp these lenders – starting with IDBI Bank – but is this the right solution? Rekha Gupta Menon investigates.
Poland’s outgoing central bank chief Marek Belka tells Stefanie Linhardt that maintaining banking stability will be the major issue for his replacement.
With tax evasion, money laundering and finances for terrorism often concealed in offshore shell companies, the US is introducing rules to shine a light on the owners of these anonymous companies. But the government will not have an easy ride in bringing in the changes across all states, writes Jane Monahan.
As Thailand loses some of its allure, Japan’s big banks are following their corporates into Cambodia, Laos, Myanmar and Vietnam, using their Thai subsidiaries as strategic partners. Peter Janssen reports.
Post-conflict Angola is seeking to move away from its dependency on oil revenues and develop its other plentiful resources. However, the route is littered with challenges such as long-standing corruption, burgeoning red tape and social inequality, all of which are likely to hinder the government's progress. James King reports.