The size of the opportunity for Asset Managers offering so called 'Shadow Banking' services cannot be denied. Recent hiring has taught us why certain business' succeed and fail and what the talent landscape looks like.
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Banking's Shadow
The value of unregulated "shadow banking" rose to $80 trillion (£53 trillion) last year, according to a report by the Financial Stability Board (FSB). The report, issued ahead of the upcoming G20s summit in Antalya, said shadow banking transactions not subject to regulatory oversight grew by $2 trillion across 2014 on a broad measure covering 26 jurisdictions and the euro area as a whole, representing some 80pc of global GDP and 90pc of global financial system assets.
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