Shadow Banks Cross $250 Trillion Mark as Watchdog Warns on Data
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Global assets in the sprawling shadow banking sector have crossed the $250 trillion mark for the first time, new data from the Financial Stability Board shows, fueling fears of mounting systemic risks from less regulated corners of the financial sector. The FSB’s annual global financial monitor shows non bank financial institutions — a group that spans hedge funds, insurers, investment funds and others — had a record $256.8 trillion of assets at the end of 2024, up 9.4% year-on-year. The group now accounts for 51% of total financial assets, similar to its pre-pandemic share.