#non-bank-lending
#non-bank-lending

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Jamie Dimon on Tricolor and First Brands crack-ups: 'When you see one cockroach, there's probably more'

Auto industry bankruptcies exposed strain in non-bank lending, prompting JPMorgan to warn of broader credit risks and tighten underwriting after a $170 million loss.

Business

fromFortune

2 months ago

Private credit has Jamie Dimon worried about the next financial crisis. But the biggest swath of this hot market is less risky than some believe

Explosion in private credit could trigger the next financial crisis, echoing past lending mistakes.

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#non-bank-lending#non-bank-lending

Jamie Dimon on Tricolor and First Brands crack-ups: 'When you see one cockroach, there's probably more'

Private credit has Jamie Dimon worried about the next financial crisis. But the biggest swath of this hot market is less risky than some believe

#non-bank-lending
#non-bank-lending