JP Morgan says earnings could be hit by Fannie and Freddie, reports Reuters
The market value of its investments in both the GSEs' preferred stock fell by half to $600 million this quarter.
Funds
- Colbeck Capital hires new head of originations 4 hours ago
- Funds round up: April 2024 1 day ago
- Former Capital Dynamics' employees launch Camberline Capital Management 2 days ago
- Golub raises USD 2bn for sixth credit opportunities fund 2 days ago
- Man Group hires new senior managing director for private credit business 3 days ago