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The JPMorgan Chase chief has long been skeptical of the nontraditional, and less regulated, lending business. Now he thinks ...
Reports have swirled that JPMorgan wants to buy a private credit firm, but "it's not high on my list," Dimon said.
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 ...
In a striking revelation during a recent conference, Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., ...
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
A new report warns that private credit could be a "locus of contagion" in a downturn. The concerns echo past criticisms of the booming industry from JPMorgan CEO Jamie Dimon.
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 on Friday shared details about a new partnership between JPMorgan’s corporate bank and private-credit firms, which have been a growing source of competition to the bank in corporate ...
So while Mr. Dimon may think private credit is dangerous, he still wants in. Image. Jamie Dimon, the chief executive of JPMorgan Chase, has become a leading critic of private credit.
“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 ...