Shadow banks, weak lenders among euro zone's top vulnerabilities: ECB
Share:
FRANKFURT (Reuters) - A largely unregulated shadow banking sector and anaemic profitability among traditional lenders are among the euro zone's biggest financial vulnerabilities, the European Central Bank said in a biannual stability assessment on Wednesday.Overvalued residential real estate prices also require policy intervention while a cooldown in a previously red-hot commercial property market raises the prospect that investors will pull out, increasing the risk of a crash, the ECB..