Is LendingClub a Warning on Peer-to-Peer Lending?
Matt Burton, chief executive officer at Orchard Platform Advisors, discusses investor reaction to LendingClub's Chief Executive Officer stepping down over loan sales issues, the quality of peer-to-peer lending, and who may be in line to step in as CEO of the company. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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Full Show: Bloomberg Markets Middle East (08/22)
30:11 - Bloomberg Markets Middle East hosted by Yousef Gamal El-Din and Shery Ahn. Guests include Richard Yetsenga, chief economist at ANZ, and Tim Fox, chief economist at Emirates NBD. (Source: Bloomberg)