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Consumer: Renaud Laplanche, founder and chief executive of Lending Club, for popularising peer-to-peer consumer lending.
On a recent tour of Plug and Play, Jeff Crowe of Norwest Venture Partners bumped into the chief executive of Lending Club, one of the center's start-ups.
According to Renaud Laplanche, the founder and chief executive of Lending Club, the S.E.C. surprised the company by asking whether it should have registered as a seller of securities before it started to broker loans.
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Loans outstanding dropped steadily all year while commercial deposits rose 24% to $133 billion, says Laura Whitley, the executive in charge of lending to businesses under $5 billion in sales.
Moya Greene, chief executive of Royal Mail, lent Cable and Fallon support as she announced a near doubling of first-half profits in Royal Mail's first set of figures as a publicly traded company.
A new revelation of lending fraud?
He said he did not find it unusual to be talking to a chief executive of a lending company about a mortgage because he did that even before he was in the Senate.
When those limits were removed, and authorities urged bank executives to lend, the total value of loans outstanding shot up more in the first seven months of this year than in the previous 24 months.
Robert J. Stevens, the chief executive of Lockheed Martin, has lent her an ear, as has Carl-Henric Svanberg, the chairman of BP.
(The average rate on a 30-year fixed-rate mortgage was 3.43 percent for the week ending April 11, along with a fee of 0.8 percent of the mortgage amount, according to Freddie Mac). Even through the recession, our mortgages performed very well," said Jack Gaffney, executive vice president of lending at Navy Federal.
JPMorgan executives could lend hundreds of billions of dollars more and still be able to lose $6 billion on a random credit derivative when the fancy strikes them.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com