A shadow bank is a non-depository financial institution that provides services similar to traditional commercial banks but operates under exemptions from normal banking regulations.
Investment banks, private equity and hedge funds are examples of a few types of shadow banks.
They create debt and equity capital across the global financial system.
The highest level of financial expertise and sophistication is captured by shadow banks.
expertise that affords these institutions the ability to not .
Adagio Institute, Inc. The shadow banker's secrets: investment banking for alternatives, hardcover/benjamin summers
