• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
The Shadow-Banking System May Be Positioned To Step Into The Light, Says Report May 11 Product Image

The Shadow-Banking System May Be Positioned To Step Into The Light, Says Report May 11

  • Published: May 2011
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) May 19, 2011--The recent financial crisis shined a light on shadow banking that has grown brighter as the economic and political aftershocks of the crisis reshape the banking industry. Standard & Poor's Ratings Services believes this shadow-banking system may be well positioned to take on a greater role in lending, according to a report released yesterday titled, "Shadows No More: The Shadow-Banking System Steps Into The Spotlight." "We define shadow banking as the system of finance that exists outside regulated depositories, investment banks, or bond funds. In our view, shadow-banking players differ from traditional banks in three important ways," said Standard & Poor's credit analyst Nik Khakee. They don't typically operate under bank regulatory supervision...

Action: General Comment

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, READ MORE >

Note: Product cover images may vary from those shown

RELATED PRODUCTS