shadow banks

Mega hedge funds are so critical to modern finance that they should be regulated more like lenders

china’s embattled shadow banking giant Zhongzhi Enterprise Group faces a criminal probe, lawyers and analysts are assessing the damage to investors. One estimate puts that at about US$56 billion.

China’s credit growth remained steady in October, with a big jump in government bond sales to finance stimulus compensating for weak business and household borrowing as well as a large contraction in ...

AN ACCOUNTANT in northeast China deposited her life savings and received a letter guaranteeing her investment in a trust firm. Workers at a state-owned utility pooled money from friends and relatives ...

ANGRY investors in trust products of a leading Chinese shadow bank have lodged complaint letters with regulators, pleading with the authorities to step in after the big Chinese trust firm missed payme...

The Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion is planning to restructure its debt and has hired KPMG LLP to conduct an audit of its balance sheet, ...

A GROUP of investors protested at the Beijing office of Zhongrong International Trust after the Chinese shadow banking giant missed payments on dozens of products.

Shadow banks are growing quickly across the eurozone and represent a growing risk to the entire financial system, requiring lenders to be more stringent when dealing with such entities, European Centr...