LendingClub Said to Be Subpoenaed by New York Over Loans

  • Bank regulator seeks documents on business deals with lenders
  • State investigation adds to federal probes into company

LendingClub Shakeup: What Comes Next?

New York’s bank regulator is investigating LendingClub Corp. over loans issued to consumers and its relationships with financial institutions, according to a person familiar with the matter, saddling the embattled company with another probe after its chief executive was forced to resign earlier this month.

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