Tagged: lord adair turner

December 1, 2016 @ 8:00 pm By JD Alois  |  

One of the frequently touted benefits of peer to peer/marketplace lending is the heightened transparency associated with loan originations processed online.  The financial crisis of the last decade was in part fueled by the disconnect between lender and borrower. As mortgages were securitized, sliced and… Read More

October 18, 2016 @ 10:15 pm By Therese Torris  |  

LendIt Europe gathered over 900 attendees from 50 countries on the banks of the Thames river to network and hear about the latest trends in online direct lending. The tone of the conference was clearly set by the UK keynote speakers. The UK being 4… Read More

October 11, 2016 @ 10:20 pm By JD Alois  |  

  The answer is keep it simple, and  keep it transparent. The above statement came from Lord Adair Turner in a speech delivered at LendIt Europe this week. He was reflecting upon how peer to peer lending can avoid situations of systemic risk as exemplified… Read More

June 10, 2016 @ 9:51 am By JD Alois  |  

Lord Adair Turner, former FSA Chair and pointed critic of the UK peer to peer lending industry is scheduled to speak at Lendit Europe in London this fall.  Turner, speaking with the BBC earlier this year, made the statement; “The losses which will emerge from… Read More