The shadow banking industry is back, says S&P, "aiming to bolster their balance sheets to...

|By:, SA News Editor

The shadow banking industry is back, says S&P, "aiming to bolster their balance sheets to take on business the banks discontinue" in the wake of Dodd-Frank. S&P calls for "rigorous" monitoring, warning the shadow firms have "incentives to concentrate debt leverage that has led ... to systemic events."