Jamie Dimon says private credit defaults are not threat to major banks

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The Guardian - UK 5 days ago • theguardian.com

Jamie Dimon says private credit defaults are not threat to major banks

Recent losses on loans in relatively unregulated sector are not a systemic risk to financial sector, says JP Morgan bossThe boss of JP Morgan, Wall Street’s biggest bank, said a downturn across the $3tn private credit ma…

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