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.
Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America.
Shanghai’s over-the-counter equity market was almost deserted on a weekday morning last week. Two cleaning ladies swept the floor of a trading hall devoid of brokers or computers, while a woman at an information desk ate breakfast and talked on her mobile phone.
India’s Bharti Enterprises Pvt., which six months ago ended a tie-up with Wal-Mart Stores Inc., is in talks with France’s Carrefour SA and Japan’s Aeon Co Ltd. for two separate joint ventures, according to one person familiar with the discussions.
German Chancellor Angela Merkel applauded Greece for its “step toward normalcy” after the nation’s sale of sovereign debt this week returned it to the market following four years of bailouts and austerity.