‘Fair-weather friends’: why businesses keep going back to non-bank lenders

[ad_1] In his letter to shareholders in April, Jamie Dimon, CEO of JPMorgan Chase, argued that shadow-bank market-makers – including short-term lenders, private equity houses and hedge funds – were…

SIFMA AMG Warns on FSOC Nonbank SIFI Designation Guidance

[ad_1] SIFMA’s Asset Management Group (SIFMA AMG) issued the following comment regarding changes to guidance on nonbank financial company designations as proposed by the Financial Stability Oversight Council (FSOC): “FSOC’s…

US financial regulators approve process to revive ‘systemically important’ non-bank oversight

[ad_1] A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights WASHINGTON, Nov 3 (Reuters)…

Leaders in Trading 2023: Meet the nominees for… Outstanding Non-Bank Electronic Liquidity Provider – The TRADE

[ad_1] Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Non-Bank Electronic Liquidity Provider, showcasing…

Government watchdogs propose tougher scrutiny of nonbank financial companies

[ad_1] Washington, DC(CNN) In response to last month’s turbulence in the banking industry, financial regulators on Friday proposed a more comprehensive approach in identifying and addressing threats to financial stability,…

IMF calls for rules on non-bank financial sector to prevent turmoil

[ad_1] April 4 (Reuters) – The non-bank sector now accounts for half of the assets of the entire world financial system and should be more closely regulated to protect its…