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Capital Markets

Coverage, charts, video and research on Capital Markets for universal owners.

Latest in Capital Markets
Donut chart shows non-bank finance at 51% of global financial assets versus 49% for banks in 2024; bar chart shows 9.4% NBFI growth versus 4.7% for banks.
Chart of the Day

Non-Bank Finance Is Now Half the System

For universal owners, systemic risk increasingly sits in funds, asset managers, insurers, pensions and private-market vehicles — not only banks.

UAO Editorial · May 21, 2026
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