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Podcast: Monetary Matters with Jack Farley
Episode: Non-Bank Leverage & Financial Stability | Financial Stability Board General Secretary John Schindler
Description: This episode of Monetary Matters is brought to you by VanEck.
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John Schindler, General Secretary of the Financial Stability Board (FSB), joins Monetary Matters to discuss the rise of non-bank financial intermediation (NBFI), sometimes referred to as “shadow banking.” There are signs that NBFI leverage is growing and NBFI data is not as transparent or available as in the traditional banking system, and these two forc...