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Growth of nonbank lenders could threaten financial system

Monday, April 15, 2019   (0 Comments)
Posted by: Amanda Averch
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Assets of nonbank lenders total $52 trillion, up 75% compared with 2010, increasing risk to the financial system, according to credit rating agency DBRS. The risk is not yet systemic but "needs to be assiduously monitored," JPMorgan Chase CEO Jamie Dimon says in a letter to investors.

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