Question: 1. What is the shadow banking sector? 2. What are the key differences between investment banks and commercial banks? Which type of funding do commercial

 1. What is the shadow banking sector? 2. What are the

1. What is the shadow banking sector? 2. What are the key differences between investment banks and commercial banks? Which type of funding do commercial banks mainly rely on and what type of funding do investment banks mainly rely on? 3. What is leverage? Which were more highly leveraged prior to the financial crisis of 2007- 2009: commercial banks or investment banks? Explain. 4. What are the key differences between mutual funds and hedge funds? 5. What is systemic risk

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