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The shadow banking system is the collection of non-bank financial intermediaries (NBFIs), or nondepository financial institutions (NDFIs) that legally provide services similar to traditional commercial banks but outside normal banking regulations. S&P Global estimates that, at end-2022, shadow banking held about $63 trillion in financial assets in major…
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shadow banking financial banks system trillion credit assets funds market investment institutions crisis 2008 bank markets money commercial entities regulated
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Shadow banking system | is a | collection of non-bank financial intermediaries | 0.90 | text |
| hedge funds | instance of | Shadow banking is sometimes said to include entities | 0.80 | text |
| money market funds | instance of | Shadow banking is sometimes said to include entities | 0.80 | text |
| structured investment vehicles | instance of | Shadow banking is sometimes said to include entities | 0.80 | text |
| deposit insurance | instance of | they lack access to central bank funding or safety nets | 0.80 | text |
| debt guarantees | instance of | they lack access to central bank funding or safety nets | 0.80 | text |
| mortgage-backed securities declined | instance of | When the housing market began to deteriorate and their ability to obtain funds from investors through investments | 0.80 | text |
| these investment banks could not refinance themselves | instance of | When the housing market began to deteriorate and their ability to obtain funds from investors through investments | 0.80 | text |
| Shadow banking system | related to Contribution to the 2008 financial crisis | The | 0.60 | section |
| Shadow banking system | related to Contribution to the 2008 financial crisis | In | 0.60 | section |
| Shadow banking system | related to Contribution to the 2008 financial crisis | June | 0.60 | section |
| Shadow banking system | related to Contribution to the 2008 financial crisis | Treasury Secretary Timothy Geithner | 0.60 | section |
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