financetom
Business
financetom
/
Business
/
Market Chatter: JPMorgan in Talks to Sell Risk Tied to $3 Billion Loan Portfolio
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.)

Price: 222.83, Change: +0.44, Percent Change: +0.20

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Stardust Solar Energy Secures 20-Year Power Purchase Agreement in Zambia for a 30MW Utility-Scale Project
Stardust Solar Energy Secures 20-Year Power Purchase Agreement in Zambia for a 30MW Utility-Scale Project
Mar 11, 2026
02:11 PM EST, 01/13/2026 (MT Newswires) -- Stardust Solar Energy ( SUNXF ) on Tuesday said it secured a 20-year, utility-scale power purchase agreement in Zambia to support a 30-megawatt(MW) solar project with up to US$60 million to US$90 million in contracted gross revenues. A statement noted the government-backed agreement establishes long-duration, recurring royalty streams and represents the largest royalty-based...
Saks Global CEO Richard Baker set to depart, Bloomberg News reports
Saks Global CEO Richard Baker set to depart, Bloomberg News reports
Mar 11, 2026
Jan 13 (Reuters) - Luxury retailer Saks Global's CEO Richard Baker is departing less than ‌two weeks after taking over ​the top job, Bloomberg ‍News reported on Tuesday, citing ⁠people ⁠familiar with the situation, as ‌the embattled ​company stares at bankruptcy.  Baker, who had ⁠taken the ‍helm ​on January 2, replacing Marc Metrick, had been finalizing ‍his exit over the past few days, the...
Travere Therapeutics Says FDA Extends Review of Filspari to April; Shares Fall
Travere Therapeutics Says FDA Extends Review of Filspari to April; Shares Fall
Mar 11, 2026
02:11 PM EST, 01/13/2026 (MT Newswires) -- Travere Therapeutics ( TVTX ) said Tuesday the US Food and Drug Administration has extended its review of the supplemental new drug application for Filspari, or sparsentan, in focal segmental glomerulosclerosis, a rare kidney disorder. The regulator's new target action date is April 13, the company said, adding that the delay follows additional...
Beyond Secure Acquired by NuView, a New Managed IT and Cybersecurity Platform
Beyond Secure Acquired by NuView, a New Managed IT and Cybersecurity Platform
Mar 11, 2026
Deal Facilitated by Viking Mergers & Acquisitions  AUSTIN, Texas, Jan. 13, 2026 /PRNewswire/ -- Beyond Secure, an Austin, Texas-based managed security solutions provider specializing in regulated industries, has been acquired by NuView, a newly-formed managed IT and cybersecurity platform backed by RFE Investment Partners and Mansfield Investment Partners. Founded in 1993 and incorporated in 2002, Beyond Secure has built a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved