JPMorgan marks down loan portfolios of private credit groups, FT reports
Reuters13:08
JPMorgan marks down loan portfolios of private credit groups, FT reports
March 11 (Reuters) - JPMorgan Chase JPM.N has marked down the value of certain loans held by private-credit groups and is tightening its lending to the sector, the Financial Times reported on Wednesday, citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Rashmi Aich)
((RajveerSingh.Pardesi@thomsonreuters.com;))
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