Bloomberg Originals
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LendingClub CEO Resigns After Internal Review on Loans
Posted
May 10, 2016
Views
8,664
Likes
33
Comments
5
Engagement
0.44%
May 10, 2016
8,664
33
5
0.44%
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3:05Now PlayingMay 9 -- Lending Club's founder and Chief Executive Officer Renaud Laplanche has abruptly resigned following an internal review found him and other executives linked to the sale of a loan and his failure to make disclosures on personal interest in an investment fund. Bloomberg's Sonali Basak examines the details with Seth Merrin, chief executive officer and founder at Liquidnet, on "Bloomberg ‹GO›."
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