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Axios
Axios
Business

Why JPMorgan Chase CEO Jamie Dimon isn't sweating private credit

Jamie Dimon JPMorgan JPMorgan Chase Goldman Sachs

JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown, while Goldman Sachs signaled that its private credit business is in good shape.

Why it matters: The trend of investors exiting private credit funds has raised concerns that a blowup in nonbank lending could infect the broader financial markets.

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