The movement by Lending Club to obtain financing in order to help shore up capital appears to be gaining traction. As reported by The Wall Street Journal, the beleaguered online lender has met with several large hedge funds, with discussions centering around a deal where those...
The fallout from Lending Club’s admissions of improper loan sales earlier this week might come in the form of chilly reception for the firm’s investment and loan sales, The Wall Street Journal stated on Tuesday (May 10). Goldman Sachs and Jefferies LLC have gone cold...
June 13, 2016
The waves hitting the online lending pool seem to be coming nonstop. Lending Club talked down its numbers on loans being sold to investors, with the additional disclosure, as noted by The Wall Street Journal, that the company has been buying at least some of the loans itself. WSJ reported that the weekly report tied to loan sales “has […]
June 10, 2016
The movement by Lending Club to obtain financing in order to help shore up capital appears to be gaining traction. As reported by The Wall Street Journal, the beleaguered online lender...
May 11, 2016
The fallout from Lending Club’s admissions of improper loan sales earlier this week might come in the form of chilly reception for the firm’s investment and loan sales, The Wall...
