08-08-2016 22:30 via uk.news.yahoo.com

LendingClub posts bigger loss; says CFO resigns

(Reuters) - Online lending platform operator LendingClub Corp reported a bigger quarterly loss, largely due to an impairment charge and higher operating costs, and the company said its chief financial officer had resigned. Reporting its first quarterly results since the ouster of the company's founder and CEO Renauld Laplanche in May, LendingClub said net loss widened to $81.4 million, or 21 cents per share, in the second quarter ended June 30, from $4.1 million, or 1 cent per share, a year earl
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