JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned that high leverage across financial markets could magnify disruptions, urging investors to be aware of hidden borrowing risks.
On Wednesday, in an interview with CNBC’s Leslie Picker, Dimon said, "Margin debt is the highest it has ever been.” He said that there is significant leverage in the market that isn’t reflected in official margin debt figures because it is “hidden” under other forms of borrowing.