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LendingClub Receives Regulatory Approvals to Acquire Radius Bancorp
LendingClub Corporation (NYSE:LC), America's leading online lending marketplace connecting borrowers and investors, today announced that it has now received all the bank regulatory approvals necessary to complete its acquisition of digital bank Radius Bancorp ("Radius"). The company expects the acquisition to close on or around February 1, 2021, subject to completion or waiver of the remaining customary closing conditions.
Refinitiv Lipper Reports $1 Trillion Gain in Equity Funds in 3rd Quarter of 2020
Fintech and data firm Refinitiv (through it's Refinitiv Lipper division) has just released the results of a Q3|20 report noting that AUM in exchange-traded products and mutual funds rose $1.024 trillion.
Advisor Domain: Lessons from the Morgan Stanley Recycling Debacle
Last week, the Treasury Department announced it was fining Morgan Stanley $60 million over mishandled data center decommissioning back in 2016. The agency said several Morgan Stanley hardware assets still contained customer data after these retired assets reached a recycling station.
Oh JP Morgan……Not Again!
You would think that the "premier" bank (JP Morgan) led by the "premier" banking CEO (Jamie Dimon) would learn, and correct, previous...