Today’s Daily Dig takes on two issues that impact many investors – the economic effect of military action, and the results of a novel industry which has gained mainstream acceptance. The New York Times article in particular is a must read for anyone with even a passing interest in P2P.
Taking the peer out of peer lending
A sure sign that peer lending is becoming a success is that banks and other large institutions want in and they’re getting in. Big time. Signs are mounting that peer lending is starting to take on risks that doomed other sectors, writes Amy Cortese. This is an important discussion the industry needs to have with itself.
US Banks Russian exposure on the decline
The cash exodus out of Russia following their meddling in the Ukraine includes a lot of greenbacks, reports Reuters.