Business John Mack

  • NEW YORK, Oct 1- Global equities rose modestly on Thursday in choppy trading and as investors continued to examine the depths of China's slowdown and search for clarity on the timing of an interest rate hike from the U.S. "Investors are holding their breath for tomorrow's number and we have earnings next week," said Jack Ablin, chief investment officer at BMO...

  • *Europe stocks relinquish early gains. NEW YORK, Oct 1- Global equities edged lower on Thursday and commodities retreated from early gains as investors continued to question the depths of China's slowdown and the timing of an interest rate hike from the U.S. China's markets will be closed until Oct. 8 for the National Golden Week holidays.

  • NEW YORK, Oct 1- Global equities were little changed on Thursday after their worst quarter in four years but commodities eased from earlier highs, as investors continued to question the depths of China's slowdown and the timing of an interest rate hike from the U.S. The Purchasing Managers' Index data indicated China's manufacturing shrank again in September,...

  • LONDON, Oct 1- Glencore's share price eased again on Thursday despite the company's assurances to investors that its debt-cutting plans remain on track and a decision by board member and legendary banker John Mack to buy $600,000 worth of stock. Earlier the commodities trading and mining giant said Mack, a former chief executive of Wall Street bank Morgan...

  • Can LendingClub transform banking as we know it? Wednesday, 10 Dec 2014 | 7:00 AM ET

    LendingClub is setting out to transform the banking world. To get there, it's following a playbook popularized by the biggest tech companies.

  • Peer-to-peer banker LendingClub files for IPO Wednesday, 27 Aug 2014 | 1:31 PM ET
    Renaud Laplanche, co-founder and chief executive officer of LendingClub

    Alibaba has dominated the IPO headlines, but LendingClub's plans to raise $500 million in an offering likely has greater relevance to Americans.

  • Former US bank exec bolts from Russian oil giant Thursday, 29 May 2014 | 8:37 AM ET
    John Mack

    John Mack, a former chief executive at Morgan Stanley, has left the board of Russia's top oil producer, which has been hit by sanctions.