Funding Circle adds Wall Street heavy hitter to board
Perella Weinberg CEO Bob Steel has been CEO of Wachovia and is a past US Treasury Undersecretary. The former New York City Deputy Mayor has been named to the board of Funding Circle. Mark DeCambre has more.
Greycroft’s Alan Patricof on how crowdfunding will open doors for startups
Mr. Patricof recently told CNBC why he believes crowdfunding will bring huge benefits to startups. Watch the video here,
Aussie big banks may need $23 billion to comply with tighter regulations
The penance for being too big to fail in Australia may drive their Big 4 to Lending Club for some cash, given they may need to check the couch for $23 billion. Michael Bennet has the sad tale.
Biggest banks, biggest risk
That the biggest U.S. banks carry significant risk is no surprise. Just how big still needs to be determined. A Senate meeting next week hopes to take a step in that direction, says Ryan Tracy.
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