JPMorgan Chase president and chief operating officer Daniel Pinto has highlighted the importance of relationships between small businesses and private credit providers, telling Bloomberg Television during an interview at the World Economic Forum in Davos: “There is a lot of direct lending going into the smaller side of middle markets.” He went on: “How these funds are going to behave in a downturn with small businesses is something you want to be concerned about…”. He is calling for more scrutiny of private credit small business lending.
JPMorgan COO draws attention to private credit small business lending
6 responses to “JPMorgan COO draws attention to private credit small business lending”
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