LendingClub files for IPO
Aug 27 (Reuters) - LendingClub Corp, the world's largest online marketplace connecting borrowers and investors, filed with U.S. regulators for an initial public offering of common stock.
Morgan Stanley, Goldman Sachs & Co and Citigroup are the underwriters for the offering, the company said in a preliminary prospectus filed with the U.S Securities and Exchange Commission on Wednesday. (1.usa.gov/YXvvhV)
The company did not disclose the number of shares it planned to offer or their expected price. (Reporting By Sudarshan Varadhan; Editing by Simon Jennings)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.