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Market Chatter: JPMorgan in Talks to Sell Risk Tied to $3 Billion Loan Portfolio
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Market Chatter: JPMorgan in Talks to Sell Risk Tied to $3 Billion Loan Portfolio
Oct 17, 2024 1:50 PM

02:29 PM EDT, 10/16/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) is in talks to sell a so-called significant risk transfer tied to a portfolio of about $3 billion in net asset value loans, Bloomberg reported Wednesday, citing a person with knowledge of the matter.

The size of the significant risk transfer on the portfolio is around $250 million, the person reportedly said.

JPMorgan ( JPM ) declined comment to MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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