In|Vest 2018 Direct

A regulatory proposal to raise bank capital has spurred banks to fight back with a populist appeal to consumers, while regulators say more capital is what's needed to save banks from more crises — and help consumers.

West Virginia Treasurer Riley Moore, who's put banks on a blacklist for their support of ESG policies, is up for (and very likely to win) one of the state's two seats in the U.S. House. Here's how he got there, and what it'll look like when he tries to bring his anti-ESG policies national.

Randell Leach is the CEO of Beneficial State Bank, a state-chartered, federally insured and for-profit bank whose economic rights are majority-owned by the nonprofit Beneficial State Foundation, which is in turn permanently governed in the public interest.

Kinecta Wealth Management, the wealth arm of Kinecta Federal Credit Union, will switch firms by the end of the year.

Jason Walker is cofounder at Thrive HR Consulting, a minority-owned HR advisory that provides value-based HR support for mergers and acquisitions, C-Suite executive coaching, employee relations, DEI and belonging, performance management, employee engagement, and talent acquisition.

With the market predicting fewer interest rate cuts than previously anticipated, analysts expect some larger banks will increase their 2024 guidance for net interest income when they start reporting earnings on Friday.

Alia Mahmud is a regulatory affairs practice lead at ComplyAdvantage, a leader in financial crime intelligence.

Kevin Pierce is VikingCloud's chief product officer and has been with VikingCloud since 2016. Kevin leads the company's global product development, service delivery, consulting, and managed security testing teams as they leverage machine learning and artificial intelligence to deliver next-generation cybersecurity. During his nearly 30 years in the technology space, Keven designed and built highly scalable cloud systems for secure data exchange, supply chain optimization, and cybersecurity in multiple industries. He also co-founded two technology companies that each grew to hundred-million-dollar valuations prior to exit.

The Federal Reserve Board governor and frequent regulatory critic says it would be appropriate for the U.S. to deviate from the agreed-upon international standards to reflect "unique characteristics" of the American banking system.

The Securities and Exchange Commission has asked a judge to impose a penalty on Ripple that roughly matches the amount of profit the agency estimates Ripple and its leaders made from sales of XRP, which the SEC says are unregistered securities.