Jamie Dimon’s Warning: Souring Commercial Real Estate Loans Pose Threat to Banks

1 year ago
23

Three U.S. banks have crumbled this year due to deposit runs, but there is another looming concern on the horizon.

According to JPMorgan Chase CEO Jamie Dimon, commercial real estate poses the greatest risk for lenders, as he conveyed to analysts on Monday.

During his bank’s investor conference, Dimon acknowledged that there is always a potential issue, and in this case, it is likely to be related to real estate, CNBC reported.

"Jamie Dimon warns souring commercial real estate loans could threaten some banks"
READ MORE: https://www.cnbc.com/2023/05/22/commercial-real-estate-jamie-dimon-says-souring-loans-threaten-banks.html

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