Remove 2010 Remove Capital Remove FDIC Remove Financial Technology
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. In 2010, LendingClub added to its war chest with a $24.5

Lending 135
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Fighting Digital with Digital

Independent Banker

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010. FDIC-insured deposits largely solve this problem for banks.

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Squared Away- How It Happened

Jeff For Banks

I've been writing since 2010. Others surprised me, such as the amount of views expended on board composition, or on deploying bank capital. My theory behind the book is that serving all stakeholders can be the next best version of my readers' financial institutions. write a book! Some made sense to me.