Delving into the World of Shadow Banks

March 26, 2015

A payday loan center in the UK. Lending institutions, which aren't banks, also need to be regulated, says Turner (photo: Nigel Kirby/Loop Images/Corbis)

In This Episode

A former chairman of the UK's Financial Services Industry, Adair Turner, says there’s room for non-bank lending institutions, but thoughtful regulations need be put in place.

Lord Adair Turner, Senior Fellow at the Institute for New Economic Thinking
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Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.

Rhoda Metcalfe

Journalist

Rhoda Metcalfe is an independent journalist and audio producer. Her reporting on the armed conflict in Colombia in the late 90s, as well as her work in Egypt, Turkey and South Africa has won several awards. She now produces podcasts and radio features from Washington DC and is a regular contributor to the IMF Podcast program.