Shares of Banco Santander, S.A. (ADR) (NYSE:SAN) ended Monday session in red amid volatile trading. The shares closed down -0.10 points or 2.15% at $4.33 with 5.08 million shares getting traded. Post opening the session at $4.35, the shares hit an intraday low of $4.33 and an intraday high of $4.38 and the price vacillated in this range throughout the day. The company has a market cap of $60.75 billion and the numbers of outstanding shares have been calculated to be 14.39 billion shares.
Banco Santander, S.A. (ADR) (SAN) provides various retail and commercial banking products and services for individual and corporate clients. The company offers demand and time deposits, and current accounts; mortgages and auto finance, personal loans, and loans to buy durable goods; and debit and credit cards. It also provides cash management, trade finance, financing and custody, and bond and securitization origination services; originates and distributes corporate loans and structured financings; and offers corporate finance services for mergers and acquisitions, equities markets, and investment solutions through derivatives, as well as asset and capital structuring.
Shares of LendingClub Corp (NYSE:LC) ended Monday session in red amid volatile trading. The shares closed down -0.17 points or -2.71% at $6.11 with 5.05 million shares getting traded. Post opening the session at $6.28, the shares hit an intraday low of $6.07 and an intraday high of $6.37 and the price vacillated in this range throughout the day. The company has a market cap of $2.46 billion and the numbers of outstanding shares have been calculated to be 391.15 million shares.
LendingClub Corp (LC) on Sept. 26, 2016 announced that Russell S. Elmer has been named General Counsel, reporting to Scott Sanborn, President and Chief Executive Officer. Elmer will succeed Jason Altieri who has served as the Company’s General Counsel for the past seven years.
Elmer, who was previously with Lending Club from 2012 to early 2014, brings more than 25 years of legal experience, most recently as Deputy General Counsel and Corporate Secretary at PayPal Holdings Inc. (PYPL). As Lending Club General Counsel, Elmer will oversee all legal matters including corporate securities, M&A, corporate governance, government and regulatory affairs and litigation.
“I’m thrilled to welcome Russ back to Lending Club as General Counsel,” said Scott Sanborn, President and CEO of Lending Club. “I believe his deep legal experience at the intersection of technology and finance as well as his hands-on knowledge of our business will allow him to be incredibly effective as we enter Lending Club’s next phase.”
Elmer has held a series of leadership roles including General Counsel at Pricelock and General Counsel at E*Trade. He was also a Partner at Gray Cary Ware & Freidenrich (now DLA Piper) where he spent nearly a decade.
“Working with regulators and policy makers, I believe Lending Club will continue to play a critical role in shaping the marketplace lending industry and delivering responsible products that meet the evolving needs of consumers, small businesses, community banks and investors,” said Elmer. “I’m excited to be returning to Lending Club to build on the success the company has already achieved.”