Italy's Finance Minister Pier Carlo Padoan says there's only one Italian bank that is facing challenges, which can be resolved through market solutions. » Read More
The online lender nixes the internship program as it tries to deal with a number of major issues.
RIYADH/ DUBAI, May 18- Construction firm Saudi Binladin Group has secured a 2.5 billion riyal loan from local banks to ease its financial pressures, banking sources aware of the matter said on Wednesday. Arab National Bank and Saudi British Bank are providing the loan, which Binladin is using to cover redundancy costs for workers it is laying off, back salaries and...
Ben Nelson, Minerva founder, talks about the problems associated with the growing load of debt that follows many college graduates.
The peer to peer lending company said it received a subpoena from the US Department of Justice.
Doug Dachille, AIG chief investment officer talks about the hedge fund market and the reallocation of his company's portfolio.
LendingClub revealed it received a federal grand jury subpoena last week after the resignation of its chairman and CEO Renaud Laplanche.
Dan Primack, Senior Editor at Fortune, discusses the troubles at LendingClub surrounding the resignation of CEO Renaud Laplanche.
Tim Sloan, Wells Fargo President & COO, talks about the company's Fastflex small business loan product and the online lending space.
A Treasury Department report highlights opaque creditworthiness standards.
Here's what Lending Club CEO Renaud Laplanche's resignation means for the industry, says industry expert David Klein.
Former LendingClub EVP/COO John Donovan provides perspective on the impact to LendingClub from the exit of founder and CEO Renaud Laplanche.
Moody’s flagged worries over China’s burgeoning debt load, a day after a newspaper branded high leverage as the “original sin”.
An internal probe into the peer-to-peer lending company's practices focuses on a $20 million dollar loan to a single investor.
Compass Point's Michael Tarkan notes that the resignation of Lending Club's CEO highlights the concerns in the marketplace lending industry.
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.
ABIDJAN, May 3- The African Export-Import Bank will seek to raise around $3 billion this year via Eurobonds, syndications and bi-lateral and institutional lending in order to finance its activities, the bank's president told Reuters. "We are going to issue a Eurobond very soon. We are going to go the syndicated loan market.
April 29- Beleaguered Canadian drugmaker Valeant Pharmaceuticals International Inc filed its annual report on Friday, which will help it stave of a default on its $30 billion debt. The company said it was in compliance with its credit agreement and senior note indentures. Valeant said no additional restatements were required beyond those previously...