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June 28, 2016 12:29 pm GMT

Troubled P2P lender LendingClub names Scott Sanborn CEO, cuts 179 jobs amid lower loan volume

shutterstock money u.s. currencyYet morechanges afoot forLendingClub— apeer-to-peer loans marketplace whose stock tankedMay after its founder, CEO and chairman Renauld Laplanche resigned amid an accounting scandal. Ahead of an annual meeting being held later today,the company announced Scott Sanborn as its permanent CEO and Hans Morris as independent chairman of the board as it seeks to repair its image… Read More

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