Shares of LendingClub Corp (NYSE:LC) ended Friday session in green amid volatile trading. The shares closed up +0.26 points or 4.21% at $6.43 with 14.53 million shares getting traded. Post opening the session at $6.17, the shares hit an intraday low of $6.17 and an intraday high of $6.45 and the price vacillated in this range throughout the day. The company has a market cap of $2.59 billion and the numbers of outstanding shares have been calculated to be 391.15 million shares.
LendingClub Corp (LC) on Sept. 12, 2016 announced that financial services veteran Thomas W. Casey will join as Chief Financial Officer, effective September 19, 2016.
Casey joins Lending Club with extensive experience and strategic perspective across the entire range of financial functions, including financial accounting, reporting, and planning and analysis. He joins Lending Club most recently from Acelity, where he was Executive Vice President and CFO, and has more than two decades of senior financial services leadership experience at GE Capital, Washington Mutual, JP Morgan Chase, and Citicorp.
Casey will report to Scott Sanborn, President & Chief Executive Officer. “I’m thrilled to welcome Tom to Lending Club’s leadership team,” said Sanborn. “Tom’s outstanding reputation of strategic leadership, metrics-driven management, talent development, and integrity, combined with his experience working with investors, analysts, and regulators, will be enormously valuable as we further strengthen our foundation in preparation for our next chapter of growth.”
“Lending Club’s success to date is just the beginning,” said Casey. “I look forward to adding my talents to this outstanding team in order to deliver long-term value for shareholders and support Lending Club’s mission to transform the banking system.”
Shares of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ended Friday session in red amid volatile trading. The shares closed down -0.18 points or -1.67% at $10.62 with 13.73 million shares getting traded. Post opening the session at $10.72, the shares hit an intraday low of $10.48 and an intraday high of $10.74 and the price vacillated in this range throughout the day. The company has a market cap of $57.05 billion and the numbers of outstanding shares have been calculated to be 2.88 billion shares.
Itau Unibanco Holding SA (ADR) (ITUB) provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts time, savings, and demand deposits; and offers personal, payroll, vehicle, and mortgage loans, as well as credit cards. The company also provides asset management, custody and bookkeeping, consortium, investment banking, and electronic payment means services, as well as private banking services.