July 2024

The rise of shadow banking, encompassing financial entities and activities outside the traditional banking system, has had significant implications for the global economy.

Shadow banking refers to financial activities conducted by non-bank entities that do not fall under the same stringent regulatory oversight as traditional banks.

Shadow banking entities have carved out a significant niche within the financial landscape, offering a range of products and services that are integral to modern finance.

This year’s stress tests posed hypothetical scenarios involving a deep global recession, a sharp decline in commercial real estate prices, and soaring unemployment rates.

The rental and housing markets are undergoing significant transformations in 2024, influenced by a blend of economic pressures, shifting demographics, and evolving supply dynamics.