The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. The FSB issued a report Wednesday (July 9) on the growth of nonbank financial institutions (NFBIs), saying that regulators should consider limits on leverage used by...
Last week, news came that Meta was moving toward obtaining $29 billion from private equity firms to help finance artificial intelligence (AI) data centers, according to the Financial Times. And as PYMNTS reported last month, Apollo Global Management is working with five banks, including JPMorgan...
A new International Monetary Fund (IMF) report spotlights trouble in the private lending sector. More than 40% of the companies who borrowed from private lenders had, at the end of 2024, negative cash flow from their operations, the IMF’s Global Financial Stability report said. The...
The carnage in global stock and bond markets wrought by the trade war being waged between the United States and just about everybody else continues. The latest troubling signs, as of Wednesday morning (April 9) include the fact that investors are walking away from government...
June 30, 2025
Last week, news came that Meta was moving toward obtaining $29 billion from private equity firms to help finance artificial intelligence (AI) data centers, according to the Financial Times. And as PYMNTS reported last month, Apollo Global Management is working with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit. As […]
April 15, 2019
Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means of managing their financial lives....
September 06, 2026
American banks are reportedly facing increased pressure to halt financial activity tied to Iran. But as The Wall Street Journal (WSJ) reported Saturday (Sept. 5), uncovering those transactions can be tricky, as Tehran uses a network of front companies and other methods to hide them. According to the report, this is happening amid the Trump […]
July 09, 2025
The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. The FSB issued a report Wednesday (July 9) on the growth...
April 27, 2025
A new International Monetary Fund (IMF) report spotlights trouble in the private lending sector. More than 40% of the companies who borrowed from private lenders had, at the end of...
July 22, 2024
A top global financial watchdog says the “shadow banking” sector needs more regulation. Writing Monday (July 22) to a group of finance ministers and central bank governors, Financial Stability Board (FSB) Chair Klaas...