One of the lessons from the global financial crisis is that systemic risk to the financial system can arise from outside the regular banking system, in so-called ‘shadow banking’. This article reviews post-crisis international and domestic trends in shadow banking, and regulatory efforts to...

Remarks at the Salomon Center for the Study of Financial Institutions, New York University Stern School of Business, New York City.

Целью статьи является определение факторов становления и формирования сущности системно важных банков. Проведен ретроспективный анализ эволюции системно...