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Reuters

Reuters

Business

Business & Economics

JPMorgan sets aside $50B more for direct lending push

Reuters
Summary
Nutrition label

77% Informative

JPMorgan Chase has already deployed over $10 billion across more than 100 private credit transactions serving corporate and sponsor clients.

The asset class is expected to expand to $3 trillion by 2028 , according to Moody's .

Banks are rushing to grab a bigger slice of the booming market that has been dominated by private capital providers.

VR Score

89

Informative language

98

Neutral language

8

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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