Jamie Dimon, CEO of JPMorgan, warns of corporate lending risks after $170 million charge-off due to auto industry bankruptcies. First Brands and Tricolor Holdings faced financial troubles amidst industry pressure from tariffs. Large banks like Jefferies and UBS also exposed to bankrupt auto companies. Dimon fears lax lending standards could lead to more bankruptcies and losses.

Read more at Yahoo Finance: JP Morgan CEO issues blunt warning on auto industry bankruptcies