The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks ...

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

J PMorgan Chase’s (JPM) CEO, Jamie Dimon, says private credit may have peaked and that risks in private markets around the ...

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 ...

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 ...

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 ...

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.

New Issues. New Issues. Global. EMEA. US. ASIA. JAPAN. AUSTRALIA & NEW ZEALAND. IFR Help. People & Markets Loans Create Bookmark Delete Bookmark Create Alert Delete Alert. Dimon sees problems ahead ...

Apollo is at the vanguard of a private-credit revolution. Its CEO responded after bank boss Jamie Dimon raised concerns about the industry.

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.

J.P. Morgan CEO Jamie Dimon warns of consequences if trouble erupts in the +$1T private credit industry. Read more here.