Global Shadow Banking Grows to $75T

Oct. 31 (Bloomberg) – The latest report on global shadow banking has just been released, with the industry growing by $5T, driven by lenders seeking to skirt regulations and investors searching for yield amid record low interest rates. Bloomberg’s David Ingles reports on “First Up.” (Source: Bloomberg)

Glassman Says Unemployment Rate Doesn’t Tell Whole Story
47:16 - JPM Chase Commercial Banking Head Economist Jim Glassman discusses U.S. unemployment and wages. He speaks with Scarlet Fu on "Bloomberg Surveillance." (Source: Bloomberg)
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