Bank puts $50 billion toward lending to riskier companies to compete with nonbank giants dominating market; Walgreens deal ...

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 ...

“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 ...

“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 ...

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 ...

JPMorgan Chase & Co. Chief Executive Jamie Dimon said Wednesday that the bank could one day invest up to $200 billion in private-credit deals off its balance sheet, but he flagged potential risks ...

Jamie Dimon, CEO of JPMorgan Chase Alex Brandon/AP "There could be hell to pay" if private credit markets wobble, Jamie Dimon said. He warned that there are bad actors in the industry, and they'll ...

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 ...

Jamie Dimon said he expects problems to emerge in private credit and warned that “there could be hell to pay,” particularly as retail clients gain access to the booming asset class.

Private credit is expected to hit $3.5 trillion in AUM by the end of ... Here’s a look at the fast growing Wall Street business and the risks it poses. BY Luisa Beltran. Jamie Dimon, CEO of ...