Separately, LendingClub said it had made its acting chief executive, Scott Sanborn, the permanent CEO. The Morning Ledger from CFO Journal cues up the most important news in corporate finance every weekday morning. Get the free Morning Ledger emailed to you each weekday morning by clicking here, or at http://on.wsj.com/TheMorningLedgerSignup. When global markets lost a record $3 trillion on Friday and Monday after the U.K. voted to leave the European Union, its shares barely budged. The rationale is far from surprising: a more uncertain outlook for the U.K. outside the European Union, with slower growth and higher borrowing needs contributing to a heavier debt burden.

Source: Wall Street Journal June 29, 2016 11:46 UTC