According to a new report from Accenture high street banks face the possibility of losing up to 8 percent of...
You could fit the entire population of New Zealand (4.5 million people) in the New York City boroughs of Queens...
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It has been a busy six months for the risk management people at Prosper. In December they moved away from...
There has been a lot of news recently with regards to interest rates and loan performance on the Lending Club...
Bank lending is once again off to a slow start in 2018, but signs show the slowdown will only be temporary; the recent tax cuts could help to spur more borrowing; interest rate rises on the other hand could hurt companies looking to potentially borrow; as the economy keeps trending positively banks should see lending pick up in the coming months. Source.
NY based Quontic Bank saw retail deposits grow by 261 percent to $200mn and their retail customer base double in...
Brendan Ross is one of the few financial advisors who gets p2p lending. He is the principal of Ross Asset...
LendingClub is increasing their interest rates to new borrowers ranging from 2% to 4% depending on the loan grade; LendingClub...
This week saw my first face-to-face meeting with Prosper management in several months and there was a lot to talk...
It has been nearly three months now since the new executive team took over at Prosper and the changes keep...