JPMorgan Restricts Private Credit Lending After Markdowns

Technology

Jpmorgan Restricts Private Credit Lending After Markdowns

By Bloomberg.com

JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value of certain loans in their portfolios, the latest sign of stress in the $1.8 trillion industry. The devalued loans are to software companies, accordi ...Read more