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Major Banks Report Strong Private Credit Exposure, Zero Losses

4/15/2026

42 6 Full Breakdown

Summary

Story summary

Citigroup Inc. reported $22 billion in private credit loans and claimed zero losses across its portfolio's lifetime, as private credit is valued at $3.5 trillion.
Wells Fargo & Company disclosed $36.2 billion in exposure, with collateral from business services and software industries.
JPMorgan Chase & Co. holds $50 billion in private credit exposure, Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co., says losses are not a major concern.

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Story summary

Citigroup Inc. reported $22 billion in private credit loans and claimed zero losses across its portfolio's lifetime, as private credit is valued at $3.5 trillion.
Wells Fargo & Company disclosed $36.2 billion in exposure, with collateral from business services and software industries.
JPMorgan Chase & Co. holds $50 billion in private credit exposure, Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co., says losses are not a major concern.