News

Bank puts $50 billion toward lending to riskier companies to compete with nonbank giants dominating market; Walgreens deal ...
Jamie Dimon cautioned that the explosion in private credit could trigger the next financial crisis. The JPMorgan CEO and America’s most respected banker cited the wild lending sprees two decades ago ...
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 ...
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
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 ...
Since the GFC, private credit in the U.S. has grown from about $250 billion to $1.7 trillion and is projected to nearly double by 2030. Subscribe to Kiplinger’s Personal Finance Be a smarter ...
Institutional Dynamics And Market Alignment. Private credit managers must start by aligning their strategies with the distinct dynamics of institutional investing.Institutional investors—such as ...
Point72 Asset Management has hired Todd Hirsch, a former senior managing director at Blackstone , to head a new strategy focused on the fast-growing private credit business, according to an ...
Asked about Dimon's comments, CalPERS Chief Investment Officer Stephen Gilmore said via e-mail that "We agree with the need to focus on a long-term horizon in both our public and private investments.
“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 ...