10.05.2016 • 7 Min.

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. Hosted on Acast. See acast.com/privacy for more information.