JP Morgan boss says more ‘cockroaches’ will emerge after private credit sector failures

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Jp Morgan Boss Says More ‘Cockroaches’ Will Emerge After Private Credit Sector Failures

By The Guardian

The boss of JP Morgan, Jamie Dimon, has warned over further losses linked to the private credit sector, saying more “cockroaches” could emerge after the collapse of the sub-prime auto lender Tricolor and the car parts supplier First Brands. The bank ...Read more