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Private credit grew into the main business at firms including Apollo, and it's become a staple for Blackstone, KKR, and Carlyle.
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 ...
Bank puts $50 billion toward lending to riskier companies to compete with nonbank giants dominating market; Walgreens deal ...
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
Blackstone Inc. is exploring further inroads into the booming private credit-secondaries market, people with knowledge of the ...
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 ...
JPMorganChase CEO Jamie Dimon said he wouldn't invest in the private-credit business if he were in different shoes. Meanwhile, an executive at Zions Bancorp. predicted that the sector's rapid growth ...
Wealth Management Wealth Creation Private Credit: Coming Soon to a Portfolio Near You Private credit could be a good source of diversification for sophisticated investors, but beware of the risks.
JPMorgan Chase CEO Jamie Dimon said during the company's earnings call Tuesday that the bank plans to get more involved with stablecoins.
“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 ...