Reported about 8 hours ago
The Financial Stability Board (FSB) is establishing a taskforce to investigate potential risks posed by shadow banks, particularly hedge funds, which have reportedly leveraged bets up to 18 times on $220 billion in market positions. The FSB aims to gather better data on these non-bank financial institutions to understand and mitigate threats to financial stability, especially in volatile trading environments fueled by risky strategies like the carry trade and basis trade.
Source: YAHOO