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Posts Tagged ‘China shadow banking’

What is Greatest Global Risk Lurking in Shadows? Look East

Posted by Larry Doyle on January 17th, 2014 6:37 AM |

What is the greatest risk within the global financial system currently?

That is a question that could likely be answered with as many opinions as there are global financial sectors. Yet that was a question posed at a recent lunch I attended.

An individual who is highly respected within the industry and who has his pulse on much of what transpires within global finance opined that he believed the risks within the shadow banking sector in China would be the linchpin for our next market meltdown. I found that to be a fascinating insight as I thought about how much or perhaps how little people truly know about this space.

Well, I open the Financial Times this morning to see this lead headline: Chinese Shadow Banks Face Major Test >>>>>>>>> (more…)






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