LendingClub's founder was fired more because of a lack of transparency in an investigation than actual wrongdoing.
LendingClub shares dropped more than 20 percent after the company said co-founder Renaud Laplanche had resigned as chairman and CEO.
CNBC's Josh Lipton looks at the resignation of LendingClub's CEO Renaud Laplanche as well as the state of the online lending industry.
The company says its co-founder, chairman and CEO Renaud Laplanche stepped down.
Bill Rogers, Chairman & CEO of SunTrust Banks, talks about the company's earnings beat and strategy going forward.
Does your congressman know anything about weed? Here is NORML's 2016 Congressional Scorecard on marijuana.
Discussing the banking sector and recent earnings releases with Richard Kovacevich, former Wells Fargo Chairman & CEO.
The kingdom aims to offset shrinking oil revenues and reserves amid the continued decline in crude prices.
Vernon Hill, founder and chairman of Metro Bank, discusses the firm's first-quarter results and the balance between digital and high street banking.
To legalize marijuana nationwide, start by taking it off this international list, says cannabis industry expert David Dinenberg.
John R. Shrewsberry, Wells Fargo CFO and CNBC Global CFO Council member, discusses the bank's recent earnings releases, as well as the regulators' rejection of its living will plans.
Fannie Mae and Freddie Mac are now launching a principal reduction program, reports CNBC's Diana Olick.
Stephen Sheinbaum, Bizfi founder, discusses innovation and disruptions in the lending and banking industry, from the LendIt conference.
Anton Schutz, Mendon Capital Advisors President & CIO, talks about whether it's time to buy the banks ahead of big earnings releases this week, and he gives his picks in the sector.
Developing countries demand more lending from the World Bank amid the strong economic headwinds.
David Benamou, managing partner at Axiom Alternative Investments, says clearing up the non-performing loan situation in Italy’s banking sector is one of the key tasks for its government.
Tony Crescenzi, Pimco Market Strategist, talks about the banking sector and central banks in the light of Jamie Dimon's letter to shareholders.
Despite concerns about the safety of U.S. banks, they're the strongest they've been in decades, storied bank analyst Richard Bove said.
Sam Khater, CoreLogic economist, provides insight to the growing trend among some customers to tap into the equity in their homes for cash. And Ed Lazear, Hoover Institution, weighs in.
Two Chinese banks fell on their first trading day in Hong Kong on Wednesday, reflecting investor fears about non-performing loans and bad debt.