Two Wall Street investment banks handling bond sales for LendingClub have stopped buying the company’s loans after the ouster of CEO Renaud Laplanche, people familiar with the matter said.

The move by Goldman Sachs and Jefferies could delay or jeopardise a number of securitisation deals for LendingClub, by most measures the biggest and most successful in a wave of online lenders that have blossomed since the financial crisis.