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Reports have swirled that JPMorgan wants to buy a private credit firm, but "it's not high on my list," Dimon said.
The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks ...
Private credit grew into the main business at firms including Apollo, and it's become a staple for Blackstone, KKR, and ...
“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 ...
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Cryptopolitan on MSNSenator Warren sends demand letters to S&P Global, Moody’s, and Fitch RatingsSen. Elizabeth Warren sent letters to S&P Global Ratings, Moody's Ratings, and Fitch Ratings, asking for information about ...
“I think you may have seen peak private credit a little bit,” Dimon said on an investor call. “I’m not saying it’s not going ...
J.P. Morgan Chief Executive Officer Jamie Dimon has warned that private credit could be at the heart of the next financial meltdown, but he's nevertheless steering the firm into the sector, convinced ...
JPMorgan’s boss plans to charge aggregators like Yodlee and Plaid for basic user info while trying to kill new data-sharing ...
The direct lending market has experienced dramatic growth and become a vital and growing part of institutional investors’ ...
He added that it's important to him that JPMorgan's private-credit loans go to clients who have other noninterest revenue business with the bank. Still, Dimon was skeptical that private credit is the ...
Private-credit firms tend to accept much higher loan-to-value ratios than banks, raising default risks, Moody’s says.
“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 ...
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