Breakingviews: FX market isn’t fit for purpose (3:09)

Feb. 18 - Following the Financial Stability Board’s announcement that it will review foreign exchange benchmarks, Breakingviews argues the whole FX business belongs in the dock.

The $70 Trillion Shadow Banking Industry

Feb. 14 (Bloomberg) -- Chinese investors poured funds into trust products last year, boosting such assets to a record $1.8 TRILLION. This comes less than a month after China averted its first trust default in at least a decade. So does shadow banking, particularly in China and India, pose a threat to the global financial system? Rosalind Chin reports. (Source: Bloomberg)