Banking in the Shadows

Photograph: Bloomberg

Shadow banking. The term itself gives off a murky vibe. Shadow banking is an informal, unregulated financial system that provides an important source of credit to those who have no access to regular financing or who don't qualify for loans at regular banks. In China alone, the value of shadow banking loans is estimated at roughly $1.3 trillion, according to research firm IHS Global Insight. brings you an ongoing collection of articles illuminating the world of shadow banks. (Photograph: Nelson Ching/Bloomberg)

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