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Market Chatter: JPMorgan Looking to Buy Private Credit Firm for Asset Management Arm
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Market Chatter: JPMorgan Looking to Buy Private Credit Firm for Asset Management Arm
May 23, 2024 4:42 AM

07:17 AM EDT, 05/23/2024 (MT Newswires) -- JPMorgan Chase & Co. ( JPM ) is looking to purchase a private credit company to bolster its asset management business, Bloomberg reported, citing people familiar with the matter.

(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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