JPM - JPMorgan Ramps Up Securitization Ahead Of Anticipated Capital Requirements | Benzinga
JPMorgan Chase & Co. (NYSE: JPM) is reportedly accelerating the securitization of billions in its loan portfolio, a move attributed to the anticipation of new U.S. capital requirements for major banks.
This strategic shift is primarily focused on products within Chase, JPMorgan's retail sector, encompassing mortgages, auto lending, and credit card loans, according to a news report by the Financial Times.
JPMorgan had $1.3 trillion in loans at the end of June, the report added.
The banking giant is strategizing to securitize a more significant portion of its loans than usual, effectively removing these loans from its ...