JPMorgan exec says the bank is 'broadly comfortable' with its $50 billion private credit exposure

JPMorgan released its first-quarter earnings on Tuesday. Bloomberg / Contributor / Getty Images/Reuters JPMorgan's CFO said the bank has $50 billion worth of exposure to the private credit market. Jamie Dimon said private credit risks aren't systemic, but warned of a bigger risk. Wells Fargo and Citi reported private credit exposures of $36.2 billion and $22 billion. As several Wall Street banks reported first-quarter earnings on Tuesday, executives had to answer for their exposure to the p...