active in the "assembly line" process of modern financial intermediation, a system that has become known as shadow banking … acquiring the capability to engage in financial intermediation. I document instances of the emergence and growth of such nonbank … activities. I focus on securities lending, a well-understood example of shadow financial intermediation, and document the …

intermediation performed outside the traditional banking system. This is consistent with the definition used at the global level by … the regular banking system and credit intermediation when assessing the structural vulnerabilities within the shadow …

extending the theory of the banking firm, it illustrates how financial intermediation will be impacted by innovative financial …

The reasons for disintermediation on in the financial systems can be found on both sides of supply and demand. This … as present the Polish payment services market as an example of banks’ receding role in the tradional intermediation …