Non-Bank Financial Intermediaries (NBFIs) have grown significantly since 2008 and as a result, the sector's influence has come under increasing scrutiny. NBFIs were thrust into the spotlight once ...
Since the Great Recession, there has been a major expansion of "new" financial institutions, not banks, but other variations of financial services responding to customer needs. Ruchir Sharma's book ...
According to a Wall Street Journal report, when Federal Reserve Chairman Powell recently spoke at a National Community Reinvestment Coalition event, he telegraphed his view saying, “like activities ...
LONDON, Dec 16 (Reuters) - The non-bank financial sector's share of global assets grew to 51%, or $256.8 trillion, last year and expanded at double the rate of the traditional banking industry, the ...
The financial sector is becoming increasingly diversified with non-bank financial institutions expanding their role in mobilising savings and extending credit, gradually reducing the dominance of ...