Jamie Dimon of JPMorgan Chase in December 2023
Jamie Dimon, CEO of JPMorgan Chase
  • "There could be hell to pay" if private credit markets wobble, Jamie Dimon said.
  • He warned that there are bad actors in the industry, and they'll likely be the source of any issues.
  • "I don't think it's systemic, but I do expect there to be problems."

JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens.