Shadow banks: Dodgy dealers or misunderstood innovators?
Firms all over Dublin administer parts of the global shadow banking system, but it is the Irish Central Bank which has built up the first fully formed picture of this world. Others now need to share what they know about this intriguing arm of the financial system
In this week’s column, I want to focus on how Ireland’s shadow banks make their money. The Irish shadow banking system manages over €3.6 trillion (with a ’t’) in assets. That is over 11 times the size of our economy. That’s no joke.
Yes folks, this week we are talking shadow banking business models. Grab a coffee. Along the way we’ll meet some Russian money, some models which...
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Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery