Growth of China’s Shadow Banking Hikes Financial Risks for Banks, Insurers: Moody’s

Shadow banking activity in China has expanded further and now accounts for nearly a third of the total banking sector assets, raising financial risks in the world’s second-largest economy, rating agency Moody’s Investor Service said on Wednesday. Shadow banking assets …

from News – Insurance Journal http://ift.tt/2a8Emok
via IFTTT