JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry.
JPMorgan's move shows that the biggest U.S. bank by assets wants to get ahead of potential turbulence involving private credit loans to software companies.
There are many takeaways from JPMorgan Chase & Company's (NYSE: JPM) FQ2 report, but the most noteworthy is a seemingly positive turn in CEO Jamie Dimon's comments. While still highlighting risks, his ...
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