Banks and private credit clash after Dimon’s cockroach barb


JPMorgan Chase & Co chief executive officer Jamie Dimon. — Bloomberg

ON Wall Street, everyone’s a friendly rival until the losses start.

A pair of blowups in the credit market have sparked a war of words over whether banks or private credit firms are better positioned to weather a broader downturn.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Insight

Continuity and change from NAM to BRICS
Asia’s growing economic power shapes global derivatives market
Save, invest and outpace inflation
Corruption fight must go deeper
What performance truly means
Time is money, really
Rise of the machines
Addressing FBM KLCI’s weaknesses
US inflation – it’s stronger than it looks
China’s new growth strategy needs a reality check

Others Also Read