“Peer-to-peer” property lender Wellesley has pulled a crowdfunding round saying it doesn’t need extra capital. Its auditor says it does.
BlackRock has made a renewed push to force lesser firms curb excessive pay.
It’s the hot new thing.
(Some things just can’t wait until the weekend.)
Recently filed accounts show mounting losses and a note from auditors about its ability to raise further funding.
Proportion of US online-originated loans being securitised reaches record high.
The highly successful rebranding of the word ‘myth’ continues apace.
They’re only having a fleeting impact on the share price of the companies he attacks.
“Peer-to-peer” property lender Wellesley has to raise new capital this year, according to its auditor.
Some people don’t want to keep their emails entirely private, which has implications for the people they correspond with.
UK-listed P2P fund Ranger Direct Lending may have exposure to a Chicago-based subprime lender that just filed for bankruptcy protection.
The future is here and… it’s slightly less efficient than the past.
We didn’t think it could happen, but it is, sadly, 2016…
Cyrille Sallé de Chou departs Ratesetter after just six months, citing an opportunity “I could not refuse” at HSBC.
Regulators in Japan have recommended a $2m fine for “market manipulation” by Morgan Stanley MUFG.
The founder of P2P property lender Wellesley borrowed from the company to help fund his participation in its September funding round.
A rational loan investor, who knows that defaults will tick up as the loans age, should be able to hold their nerve. But do they?
It’s not the winning, it’s the taking part that counts.
The things just a few months at DMGT will do to a man…
Ratesetter’s confusing default rates raise the question of whether retail investors really grasp the risks here
It’s entirely possible it was a good investment. Entirely, maybe possible.
“A pioneering mobility solution which combines two existing modes of transport, automated electric cars and mass transit, into a single, seamless infrastructure system.”
Rocket’s treatment of failed food delivery startup Take Eat Easy raises questions about its conduct as an investor.
Viva la revolution!
Some notes for the in-tray of the former chairman of Arm Holdings
Defaults on the P2P lender’s US loans are on the up and up.
It seems the P2P dream is over, at least for the company that pioneered it.
Zopa is uniquely placed…
And one bank in particular seems over-represented…
For all the flak Mark Zuckerberg deserves, he is right to be extremely cautious about becoming an arbiter of truth.