LendingClub Corp., the largest U.S. peer-to-peer lender, is taking steps to become the one-stop shop for online loans as it plans for an initial public offering. It’s also now valued at almost $3.8 billion.
A former official of BP Plc will pay $224,000 to settle U.S. claims that he traded securities based on inside information about the magnitude of the Deepwater Horizon oil spill, the Securities and Exchange Commission said.
In San Francisco, 65 percent of the population rents and the remaining 35 percent are homeowners. And in the past year the San Francisco real estate market has seen an 13.8 percent increase in value, with a median sales price of $930,500, according to Zillow.