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Friday Headlines: Online lenders draw U.S. scrutiny
By Matt Stichnoth,
New York Times: Convictions Prove Elusive in ‘London Whale’ Trading Case
Bloomberg: Booming Online Loan Marketplaces Draw U.S. Treasury Scrutiny
L.A. Times: Fed probes RBC role in City National loan, possibly delaying merger deal
Financial Times: US banks prepare for lending revival
Cleveland Plain Dealer: 7 years after financial crisis, KeyBank is getting back into mortgages
Bloomberg: Puerto Rico moves closer to default
Washington Post: U.S. companies raise record-breaking venture capital. Again.
Bloomberg: Warren Pushes U.S. Regulators to Revisit Wall Street Swaps
L.A. Times: Southern California home sales soar in June; prices climb 5.7%
New York Times: A Tiny Bank’s Surreal Trip Through a Fraud Prosecution
New York Times: G.O.P. Is Quiet About Fed Rate Increases, but Democrats Voice Concerns
Bloomberg: Bipartisan Dodd-Frank Fix Being Sought by Lawmakers, Warner Says