NEW YORK, June 24 (Reuters) – A Turkish man has been extradited to the United States to face charges that he organized three cyberattacks that resulted in $55 million in losses to the global financial system, U.S. authorities announced on Wednesday.
Renaud LaPlanche went from trying to help people get a better rate on credit card debt to taking on the entire banking industry. LaPlanche is the CEO of Lending Club. Lending Club got its footing in the financial services industry by being one of the first startups to streamline the financing process online…
When Facebook purchased WhatsApp last year for $19 billion, many were shocked by the astronomical price paid for a little-known company with only 55 employees. But today Wall Street sees the messaging app playing a huge role in Facebook’s future. In a note to clients on Tuesday, Deutsche Bank estimated that WhatsApp, along with Facebook’s Messenger app, will have more than 2 billion active users and generate between $9 and $10 billion in revenues in 2020…
June 24 (Reuters) – RBC Wealth Management, a division of Royal Bank of Canada, said it hired two financial advisers from Merrill Lynch.
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