Shares of Visa Inc (NYSE:V) ended Friday session in red amid volatile trading. The shares closed down -0.82 points or -0.98% at $82.54 with 8.28 million shares getting traded. Post opening the session at $83.33, the shares hit an intraday low of $82.52 and an intraday high of $83.45 and the price vacillated in this range throughout the day. The company has a market cap of $195.19 billion and the numbers of outstanding shares have been calculated to be 1.89 billion shares.
On September 22, 2016 Visa Canada and Toronto Public Library announced they are teaming up to offer financial literacy education to Toronto’s youth, beginning with the distribution of a new educational comic book that teaches readers of all ages about personal finance. Created by Marvel Custom Solutions, the new comic, Guardians of the Galaxy: Rocket’s Powerful Plan, combines Marvel’s iconic Super Heroes with Visa’s financial literacy expertise to introduce readers to fundamental money management concepts. Toronto Public Library, the busiest urban public library system in the world, will make copies of the new Marvel comic book available free at 100 branches across the city.
“At Visa we believe that financial education can be incredibly effective when the public and private sectors work together,” said Carla Hindman, Head of Financial Education, Visa Canada. “We’re thrilled to join forces with Toronto Public Library to share our new Marvel comic book and other financial education resources with young people across Toronto.”
“We are excited to partner with Visa to help build the financial education of our young people. Starting with this comic, we are hoping to show our youth population that personal finance can be fun,” said Lisa Heggum, Child & Youth Advocate at Toronto Public Library. “We are proud to offer a tool that gives young people a head start on making sound financial decisions.”
Shares of LendingClub Corp (NYSE:LC) ended Friday session in green amid volatile trading. The shares closed up +0.18 points or 2.95% at $6.28 with 7.71 million shares getting traded. Post opening the session at $6.11, the shares hit an intraday low of $6.09 and an intraday high of $6.41 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. 12, 2016 nnounced 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.”