The S.E.C. said that Renaud Laplanche had improperly approved alterations to some of the company’s lending products to bolster the company’s financial performance. By Nathaniel Popper Mr. Laplanche ...
There is a scandal rocking the financial industry — or we should say, a small but important part of that industry: online lending. The scandal started with a very big no-no: Employees of Lending Club ...
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Why LendingClub (LC) stock is trading up today
Shares of digital lending platform LendingClub (NYSE:LC) jumped 4.6% in the afternoon session after the Federal Reserve reduced its benchmark interest rate, a move that boosted the financial ...
LendingClub topped bottom-line estimates as its credit loss provision declined. The company expects to grow its loan book this quarter. Higher interest rates have squeezed the business, but those are ...
Lending Club named a new CEO in a bid to restore confidence in the troubled peer-to-peer banking alternative under investigation for improper loan practices — activities it now says extended to the ...
LendingClub reported Q4 earnings, in which credit loss provisions were concerning after growing 33% compared to the previous quarter. Originations' growth outlook for Q4 2025 is 25%. Yet, with an ...
4 analysts have expressed a variety of opinions on LendingClub (NYSE:LC) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table encapsulates their ...
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