The Incredible Shrinking Statistic: Female Bank CEOs

Women are losing ground in their fight to diversify the industry’s C-suites. It’s easy to see why, and a hard trend to reverse.


Ally Bank CEO Barbara Yastine admits there's a drawback to not having bricks and mortar — but it isn't enough to make her regret not having branches under the Ally banner, which replaced the GMAC Bank brand five years ago this month. Yastine also discusses Know Your Customer standards and why the company is standing by its indirect auto finance model. »

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Bloomberg News
As a young congressional intern, RBC branch manager Amy Sturtevant wanted to make a difference. A career as a financial advisor afforded her the way to do that.

Volunteering at nonprofits is a good place to start, high-ranking female bank executives told attendees at a recent conference. Women also need to confront barriers head on.

Sallie Krawcheck, a former executive at Bank of America (BAC) and Citigroup (C) who has worked to promote women as business leaders, is teaming up with a money manager for an index fund focused on women.

Luvleen Sidhu has been hired by her father -- Jay Sidhu, the head of Customers Bancorp -- to do something a lot of small banks would be afraid to tackle: develop Customers' own mobile banking software.

Elizabeth Buse, a former Visa executive who left the card network this year after a 16-year career with the company, has been named co-CEO of Monitise Group.

The Securities and Exchange Commission appears poised to soon finalize a plan to reform the $2.6 trillion money market mutual fund industry.

Women need to stop stressing out about giving equal attention to personal and professional goals, Teresa Taylor writes in her latest book. Taylor, a director at First Interstate BancSystem, also advises women to be more aggressive with networking if they want to sit on more corporate boards.
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When women reject or reframe career-limiting assumptions, they are able to get ahead at their jobs without sacrificing having a family.
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