Delving into the World of Shadow Banks
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.
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BEHIND THE MIC
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
RHODA METCALFE is an independent journalist and audio producer.