Exit Interview: Carver CEO Wright on Long-Term Profit, Underbanked Goals

Deborah Wright, who is set to retire as Carver's CEO at yearend, says the New York bank is preparing new products to reach the underserved . While she says community development banks should merge, Carver has no immediate plans to roll them up.


In putting together the 2014 edition of the Most Powerful Women in Banking and Finance, we decided to pose a few questions about gender to our honorees. One of those questions became a theme: "Does gender matter in banking?" You'll find some of the responses here, and we invite you to share your thoughts. »

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Commonfund, an investment management firm in Wilton, Conn., has hired Catherine Keating as its chief executive. »
Depositors at Reading Co-operative in Reading, Mass., approved a plan to make it more difficult for the thrift to convert to a public stock company. »
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Lateral moves can be a way for women in banking to expand their knowledge base and make themselves more appealing candidates for upper management positions, according to the head of TD Bank's consumer bank Nandita Bakhshi.

Millennial women are making great strides in the workforce, but still "channel their inner ninth grade insecure freshman when it comes to financial matters," according to Fidelity's head of personal investing.

The Bancorp in Wilmington, Del., will have a new chief executive next year.

Transparency about the diversity of companies’ workforces can promote the hiring and advancement of women, while role models like Janet Yellen help pave the way for more female leaders.
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Research suggests that women in leadership positions are most successful when they develop flexible management styles and pay attention to some uncomfortable truths in today's workplace-even if they reject them.
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Sen. Elizabeth Warren's rise to a spot on the Democratic leadership team has supporters cheering, but it remains to be seen how the role will affect her work on banking issues.
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