Shadow Banking Surges Past $250 Trillion, Raising Global Risks
The article discusses how traditional banks' asset growth is being surpassed by non-traditional financial institutions, highlighting a shift in the financial industry landscape.
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Asset Growth
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"Investors Channel Record Cash into Money Market Funds Amid Rate Cut Reassessment"
Money-market fund assets have reached a new record high, with total assets increasing to $5.965 trillion, driven by a significant inflow of $78.6 billion into government funds in the week leading up to January 3. This surge reflects investors' preference for safer investments to protect their cash at the year's end.