LendingClub Said in Talks With Citigroup for Loan Financing

Updated on
  • Bank could buy loans or arrange financing for others to do so
  • Citgroup says it’s ‘productively engaged’ with LendingClub

LendingClub Corp., the online loan platform looking to restore investor confidence, is in talks with Citigroup Inc. to arrange more funding for the debts it arranges, according to a person with knowledge of the matter.

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