U.S. MarketsIMPORTANT
JPMorgan (JPM) CEO Dimon reportedly on the prowl to further expand the nation’s largest bank – possibly by snapping up a wealth-management firm or a private credit business, via NY Post citing bankers
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JPM might be interested in buying the Carlyle Group’s in-house private credit division, Carlyle Global Credit, if it should ever be put on the market. A person with knowledge of the thinking of Carlyle’s management says it’s not for sale.
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