Tony Zerucha·Alt-Finance·January 21, 2016·1 min read·1 viewThe Daily Dig for Thursday, January 21 ShareTweetShareSubmit Trouble brewing for some P2P’s? When cash to lend is multiple times demand, demand must be created by lowering standards. That is one bad step some peer-to-peer lenders are taking. There are others too, writes Jordan Wathen. Chinese P2P Lufax valued at $18.5B A recently completed valuation would, if accurate, make Lufax the world’s most valuable fin-tech startup. Learn more here. Factors lining up against big banks early in 2016 A spike in energy-related defaults and possible rate hike delays threaten to eat into big bank profits this year, Jon Marino writes. Big bank M&A advisory business to be strong in 2016 Thankfully, there may be a silver lining on that dark bank cloud in the form of healthy mergers and acquisitions consulting fees, writes Dana Mattioli. Big banks testing blockchain technology in new trading system The new trading system will be faster and cheaper, making them even more money. Jemima Kelly reports.See alsoMay 28, 2015India hungry for rate cut despite economic growth seen outstripping China Big banks find unlikely ally in Hoenig New big bank debt rules may hurt more than help, Thomas Hoenig believes. Big banks agree with him. Ryan Tracy reports. Asian P2P gets $160M to expand in China The biggest money in the space is flowing in China. The latest example is WeLab’s $160 million Series B. Catherine Shu reports. Like this article? Take a second to support us on Patreon!