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Laplanche's Lending Club departure

Laplanche's Lending Club departure

Laplanche's Lending Club departure

FT News in Focus · Financial Times

May 10, 20167m 35s

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Show Notes

Shares in Lending Club plunged on Monday when the company announced that chairman and chief executive Renaud Laplanche would step down amid allegations of a lapse in business practices. The FT's Ben McLannahan and Alistair Gray discuss the potential ripple effects for the industry. Music by Kevin MacLeod.

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