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JP Morgan swerves regulatory request to disclose private credit lending data

Summary by alternativecreditinvestor.com

JP Morgan has declined to share a detailed breakdown of its lending to non-bank financial institutions, despite a request by US banking regulator to do so by 4 February. The Federal Deposit Insurance Corporation (FDIC), alongside other financial regulators such as the Federal Reserve, are ramping up scrutiny of banking relationships with the private lending […] The post JP Morgan swerves regulatory request to disclose private credit lending data…

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Retail Banker International

Chase declines to provide credit lending data to regulators

JPMorgan Chase has reportedly declined to provide detailed private credit lending data to regulatory bodies, posing a challenge to oversight efforts by institutions such as the Federal Deposit Insurance (FDIC). This move comes despite most major American banks complying with a request to disclose year-end exposures to various types of non-bank financial institutions by 4 February, the Financial Times reported. According to the report, JPMorgan C…

2 days ago

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