Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers, a capital lifeline to sustain operations. Traditional channels, chiefly through banks, have been tightening their lending activities, particularly to smaller...
Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings the company’s capital markets buyers to its loan origination partners, Figure said in a news release Wednesday (June 12). The...
JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit sector. Jamie Dimon anticipates problems to pop up in the market, cautioning “there could be hell to pay,” especially as retail clients gain access to the industry. “Do you want to give access to retail...
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is hoping to bolster its $3.6 trillion asset management business. Sources tell Bloomberg that JPMorgan held discussions...
February 05, 2024
The banks continue to tighten, the traditional channels are tougher to navigate in the commercial lending space. And against a backdrop where smaller firms are still seeking credit as we enter the second month of the year, that gives renewed opportunity for alternative providers and the private credit markets. As noted in the Federal Reserve’s January […]
January 15, 2024
For corporates, especially smaller Main Street businesses, private credit (aka private debt) appears as an avenue through which they can get the capital they need. And for the lenders, the...
June 12, 2024
Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings the company’s capital markets buyers to its loan origination partners, Figure said in a news release Wednesday (June 12). The marketplace is a step toward building the first “highly liquid […]
May 29, 2024
JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit sector. Jamie Dimon anticipates problems to pop up in the market, cautioning “there could be hell to pay,” especially as...
May 23, 2024
JPMorgan Chase is reportedly moving deeper into the uber-popular world of private credit. That’s according to a report Thursday (May 23) by Bloomberg News, which notes that the banking giant is...
May 08, 2024
Federal Reserve Governor Lisa Cook highlighted commercial real estate, private credit and cyber risks as potential issues. Speaking Wednesday (May 8) at the Brookings Institution in Washington, D.C., Cook provided a current assessment of financial...
