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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 ...
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.
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 ...
JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. "There could be hell to pay," he said at a conference on Wednesday.
His recent warning shot over private equity's recruiting practices also came at the right time. ... Even Apollo's CEO, Marc Rowan, seemed to credit Dimon for his firm's decision.
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.
“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 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.
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