In|Vest 2018 Direct

KServicing, a SoftBank-backed small-business loan servicer, filed for bankruptcy after the company, which holds old loans made by the online lender Kabbage, was weighed down by allegations of overly lax lending under the U.S. government's Paycheck Protection Program.

Analysts are watching to see if more lenders join the ranks of First Northwest in Washington state and Orrstown Financial Services in Pennsylvania, which laid off staff or closed branches to offset rising wages and other expenses.

Richard Ostrander will serve as general counsel for the reserve bank and sit on its executive committee. He will also advise the Federal Open Market Committee.

Gautam Sukumar is SVP of Product Management at ADP.

Peter Rasmussen, MD, is Chief Clinical Officer for The Clinic by Cleveland Clinic. 

Frank McGillin is the CEO of The Clinic by Cleveland Clinic.

Winter Washington is the Head of Diversity, Equity & Inclusion at Gainwell Technologies. In this newly created role, she partners with the Executive Leadership team, DE&I Council, Employee Resource Groups, Talent Acquisition, Talent & Development and Employee Engagement to spearhead the DEI strategy and commitments of the organization. Most recently, Winter was Director and AVP of Talent & Culture with Chubb, where responsibilities were tied to the global execution of culture integration, DE&I strategies for workforce diversification, and employee engagement. 

Winter received her undergraduate degree from Temple University and is SHRM-certified. She currently resides in Philadelphia with her husband and 2 sons.

E-commerce transactions will fall under the same requirements that have long applied to in-person payments, according to a rule change the Federal Reserve Board finalized this week.

Elizabeth A. McKnight, CPA, is managing director of tax at Crowe LLP.

In a report published Tuesday, the nonprofit Finance Watch estimates that the 60 largest global banks have about $1.35 trillion of credit exposures to fossil fuel assets.