LendingClub Secures Former BlackRock Veteran, Patrick Dunne

[kreslik.news]

LendingClub Corp (NYSE:LC), an online marketplace that helps bridge borrowers and investors, has secured the services of BlackRock Inc veteran, Patrick Dunne as its newest Chief Capital Officer, according to a company statement.

Since going public back in 2014, LendingClub’s (NYSE:LC) shareholder plights have been noteworthy given its abrupt fall in the aftermath of its IPO. Priced at $4.6 presently, shares have been facing a near unrelenting downward trajectory, pressuring the group beyond its earnings and shareholders. The group has had to navigate through increasingly congested waters, dictated by competitive market of online lenders and US interest rate concerns.

The hire of ... (read more)