The CEO of America’s biggest bank has reportedly issued a warning regarding auto market bankruptcies. These bankruptcies, JPMorgan Chase CEO Jamie Dimon told reporters Tuesday (Oct. 14), are an indication that lending standards have become too relaxed. “We’ve had a credit bull market now for the better part of what, since 2010 or 2012? That’s like 14 years,” [...]The post JPMorgan CEO Sounds Alarm on Auto Market Bankruptcies appeared first on PYMNTS.com.
JPMorgan CEO Sounds Alarm on Auto Market Bankruptcies
