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SHADOW banks

‘Shadow banks’ continue to expand worldwide

MEXICO: Growth in global bond, real estate and money market funds continued to swell the world’s“shadow banking” sector, a watchdog that coordinates financial regulation for the G20 big economies said on Monday. The Financial Stability Board said its “narrow” measure of shadow banking activities that could pose a threat to stability, rose 7.6 percent to $45.2 trillion in 2016, the latest year for which figures have been collated. It represents 13 percent of total financial system assets in the 29 jurisdictions…