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UPDATE: JPMorgan (JPM) to Acquire Nearly $1B in LendingClub (LC) Loans - DJ

Go back to UPDATE: JPMorgan (JPM) to Acquire Nearly $1B in LendingClub (LC) Loans - DJ

Santander Consumer USA (SC) Sells $900M in Asset Sales Related to Personal Lending Business

February 1, 2016 3:08 PM EST

Santander Consumer USA Holdings Inc. (NYSE: SC) has completed the sale of assets from its personal lending portfolio to an undisclosed buyer. The portfolio was comprised solely of Lending Club installment loans with an unpaid principal balance of approximately $900 million as of December 31,... More