(Reuters) Growth in global bond, real estate and money market funds continues to swell the world’s “shadow banking” sector, which provides credit outside the regulated banking system and plugged a market gap opened up by euro zone banks cutting back on their lending, according to the global Financial Stability Board.
The FSB, which coordinates financial regulation for the Group of 20 Economies (G20), said its “narrow” measure of shadow banking activities that could pose a threat to stability, rose 3.2 percent to $34.2 trillion in 2015, the latest year for which figures have been collated.
