Regulators spooked by 'shadow bank' loan risks

A workshop for decorating “spooktacular money boxes” is the hot Halloween ticket this year at the Bank of England Museum.

- By Matthew Bishop

But judging by the distressing sounds emanating from the Bank’s bosses, the Old Lady herself may be getting spooked - by nightmarish visions of what fate might befall today’s booming private credit markets, and how that might imperil the entire financial system.