Wall Street's major private equity funds have a credit exposure of $100 billion. JP Morgan Chase CEO: "Not particularly concerned."

date
15/04/2026
Several major Wall Street banks collectively have at least $100 billion in exposure to private credit institutions, allowing outsiders to catch a glimpse of this highly watched industry. Investors are increasingly concerned about the credit quality of these institutions and the potential impact of artificial intelligence. Wells Fargo Bank stated that its exposure to private credit institutions in the first quarter was about $36.2 billion, while Citigroup disclosed that its related loan volume in the fourth quarter was $22 billion, and claimed that its corporate private credit financing portfolio had "zero losses" throughout its existence. JPMorgan Chase revealed a figure of $50 billion. CEO Jamie Dimon said during a conference call with analysts that he is "not particularly worried" about this.