2. Investment banks, hedge funds, money market funds, bond insurance companies, structured investment vehicles (SIV) and other non-bank financial institutions are all private banks.

3. Private placement is relative to public offering. It is defined as public offering and private placement, or public offering and private placement according to the different ways of securities issuance and whether securities are issued to an unspecified public or not.

4. Private placement refers to the departments and units set up to raise funds from a few institutional investors in a non-public way. Because the sales and redemption of private equity institutions are conducted through private consultation between fund managers and investors, they are also called departments or units that raise funds from specific targets.

5, engaged in lending, but also accept mortgage loans, is a financial institution that holds a large number of securities, bonds and complex financial instruments through leverage. The rapid development and highly leveraged operation of shadow banking not only bring prosperity to the financial market, but also bring great fragility to the whole financial system, which has become the main driver of the global financial crisis. At present, the shadow banking system is shrinking in the process of deleveraging. However, as an important part of the financial market, the shadow banking system will not die out, but will gradually step out of the regulatory vacuum and develop in a new and stricter regulatory environment. In the future, information disclosure and appropriate capital requirements of the shadow banking system will be important contents of improving financial supervision. At present, the United States has proposed to require all hedge funds, private equity institutions and venture capital funds that reach a certain scale to register and disclose some information to investors and counterparties.

P2P Internet Finance -88 Wealth is privately owned, and individuals can only look at it, all of which are hundreds of millions of dollars.