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Old Guard of Banking Sets Out to Disrupt It

http://stream.wsj.com/story/markets/SS-2-5/SS-2-397598/

Wall Street Journal: Old Guard of Banking Sets Out to Disrupt It

Former Citi Chief Is Among Backers of a Peer-Lending Upstart

Vikram Pandit, former CEO of Citigroup, is helping to fund an upstart in the peer-to-peer lending industry, joining a growing movement trying to disrupt the traditional banking model.

After a long career in mainstream finance, Vikram Pandit is going alternative.

 

http://www.orchardplatform.com/news/2014/5/19/wall-street-journal-old-guard-of-banking-sets-out-to-disrupt-it?rq=old%20guard

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