Marlette to keep some of debt it arranges on its own balance sheets
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Seattle
LENDINGCLUB CORP and other companies fuelling the booming US online loan industry have drawn unwanted comparisons to the mortgage market before the 2008 financial crisis because they do not keep the debt that they originate.
One of the fastest growing of the new crop of so-called marketplace lenders is looking to change that.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result