News

Bank puts $50 billion toward lending to riskier companies to compete with nonbank giants dominating market; Walgreens deal ...
Jamie Dimon cautioned that the explosion in private credit could trigger the next financial crisis. The JPMorgan CEO and America’s most respected banker cited the wild lending sprees two decades ago ...
The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks ...
“You may have seen peak private credit,” JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said on a Tuesday call to discuss second-quarter earnings. “A little bit,” he added as a caveat, “I ...
Private credit funds haven’t reached close to their peak and opportunistic strategies in the private capital sector will continue to grow in the next ten years, according to Marathon Asset Management ...
Jamie Dimon says some private credit ratings ‘shocked’ him, evoking bad memories of mortgages before the Great Recession: ‘There could be hell to pay’ Will Daniel May 30, 2024 at 12:49 PM ...
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
Despite Dimon’s misgivings, there’s no denying that private credit has become very big business on Wall Street as the IMF reported that assets topped $2.1 trillion globally last year with most ...
“You may have seen peak private credit,” JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said on a Tuesday call to discuss second-quarter earnings. “A little bit,” he added as a caveat, “I ...
Jamie Dimon says some private credit ratings ‘shocked’ him, evoking bad memories of mortgages before the Great Recession: ‘There could be hell to pay’ ...