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Women Have an Obligation to Help Other Women Succeed: KeyBank's Mooney

C-suites will remain overwhelmingly male unless women in senior roles make it a priority to "lift up" their younger female colleagues, says Beth Mooney, the Most Powerful Woman in Banking. "The importance of mentoring, coaching and sponsorship cannot be overstated," she said.

'Man, It's Been a Great Ride': HSBC's Dorner

HSBC's Irene Dorner reflects on her 30-year banking career and offers this parting thought to her industry colleagues: "Do the right thing in all circumstances." She also calls for more emphasis on diversity in the banking industry and offers regulators some advice on achieving positive outcomes in her speech at the Most Powerful Women in Banking and Finance awards gala, where she accepted a Lifetime Achievement award.

Know Your Strengths and Invest in Them: Citi's Fraser

Jane Fraser, the British-born head of Citigroup's consumer and commercial bank, shares a lesson she's learned from her 13-year-old son that has helped her adapt to her new role. She also talks about making a scary transition to a job overseeing U.S. mortgages and training yourself to overcome fear and take on "stretch assignments" at work. "You just have to be 'all in' mind, heart, guts, hours," says Fraser, the No. 1 Woman to Watch, in her speech at the Most Powerful Women in Banking and Finance awards gala.

Changing Banking, Changing Lives

Three of the most powerful women in banking go beyond the balance sheet.

M&T's Michele Trolli on the Importance of Diversity

Well, only if you want to optimize solutions, says Michele Trolli, the chief information officer at M&T Bank Corp. And what bank doesn't want to do that?

Your Staff Should Look Like Your Customer Base: Capital One's Grace Huebscher

Given the customer base in the banking industry, success depends on embracing diversity, says Grace Huebscher, who heads multifamily finance for Capital One.

Citizens' Jill Castilla on How Vulnerability Can Be a Strength

The banking industry needs women to polish its tarnished image, insists Jill Castilla, the CEO at Citizens Bank of Edmond (Okla.).

Respect the Power of the Purse, Says Citigroup's Elinor Hoover

In today's complex regulatory environment, a diversity of perspective is more important than ever, says Citi's Elinor Hoover. And the world over, women are wielding the power of the wallet or the purse, so to speak in a way that the banking industry can't ignore.

FirstMerit's Sandy Pierce Says Gender Doesn't Define Her

Some people might think gender matters, concedes FirstMerit's Sandy Pierce. But for her, it doesn't.

NorthStar's Julie Goodridge Is No Longer the Only Woman in Her Office

As the only female among the 125 brokers in her office, Julie Goodridge felt that gender mattered in a big way. The CEO of NorthStar Asset Management shares the experience that prompted her to leave the corporate world to start her own company focused on socially responsible investing.

KeyCorp's Digital Banking Upgrades

Beth Mooney, CEO of KeyCorp, explains how the bank has apportioned its investments in online and mobile banking.

Beth Mooney's Advice to Women in Banking

Understand your core competencies and wear your ambition lightly, recommends Beth Mooney, CEO of KeyCorp, to women who aspire to careers in banking.

The Rapidly Shrinking Pool of Female Bank CEOs

Today only three women helm major U.S. banks. But according to Beth Mooney, CEO of KeyCorp, it's only a matter of time before some female executives climb those last few rungs of the corporate ladder.

What Being a Good Role Model Means to Beth Mooney

KeyCorp's CEO shares her views on setting the right example for others in the banking industry.

Women Need to Hang In There: Ally Bank's Barbara Yastine

Count Ally Bank CEO Barbara Yastine among those who think gender is still an issue in banking. Here's what she thinks women can do about it.

Gender Always Matters: Bank of America's Cathy Bessant

Men and women approach life differently, says Cathy Bessant, Bank of America's global technology and operations executive. Women tend to care more about their legacy, and not many would take satisfaction in having a tombstone that says, "great banker."

Women Can Change the Conversation: Zions' LeeAnne Linderman

Absolutely, gender matters in every industry, says Zions' LeeAnne Linderman. And she noticed a difference at Zions as more women joined the senior ranks.

Let Talent Decide 'Jump Balls,' Not Gender: KeyCorp’s Beth Mooney

Does gender matter in banking? It does and it doesn't, explains KeyCorp CEO Beth Mooney, who also addresses whether she ever felt gender was an issue for her personally during her banking career.

Mooney on Guidance for the 'Daughters' of Banking

KeyCorp Chairman and CEO Beth Mooney's advice for career success.

Mooney: We Have an Extra Obligation to Do It Well

KeyCorp's Beth Mooney on what her CEO role symbolizes.

The 25 Most Powerful Women in Banking

Influence. The women on this list have a lot of it, at thier own companies and in the industry.
The 25 Most Powerful Women to Watch
The 25 Most Powerful Women in Finance
25MPWIB Home

#1 Karen Peetz

Vice Chairman, BNY Mellon

"Confidence is what leadership is really all about."

• Generates roughly half of BNY Mellon's pretax income
• Manages a third of its 52,000 employees in 115 cities around the globe
• Is the first female vice chairman in the company's 227-year history
• Started, and still leads, the bank's wildly successful women's network.

It's easy to prove Karen Peetz is powerful in the traditional sense of the word.

She generates roughly half of BNY Mellon's pretax income. She manages a third of its 52,000 employees in 115 cities around the globe. She is the first female vice chairman in the company's 227-year history. She started, and still leads, the bank's wildly successful women's network.

But Peetz's power goes far beyond the standard definition.

She is a connector of people and ideas. She thinks creatively about everything she does. And she does it with so much grace and confidence that you want to do it with her.

It is no exaggeration to say Peetz has inspired generations of women in financial services and beyond. As a competitor put it: "Karen is a leader in every program she supports, every group that she joins, and every event that she participates in." That surely is true of Peetz's involvement in our 25 Most Powerful Women in Banking initiative. She generously provides her time and insights, speaking at events and serving on our advisory council. She does it all with a broad smile and count-me-in attitude. Her genuine, down-to-earth personality makes her approachable, a key trait both for motivating colleagues and mentoring younger women.

What may stand out most is how effortless Peetz's success appears. There is no drama surrounding her. No arrogance. Just a calm confidence polished with optimism.

Peetz is one of the rare executives who excel at both the soft and hard sides of business. Her ability to forge real relationships, to make the people around her feel special, has been a huge factor in her ability to build and drive businesses. She also is superb organizationally, breaking down problems and developing profitable strategies.

Her inherent optimism often leads her to find solutions where others see only problems. One of Peetz's biggest fans at BNY Mellon was Robert Kelly, who stepped down as CEO last month after a disagreement with the board and was replaced by the firm's president, Gerald Hassell.

Peetz says she would love to be the CEO of a major financial institution herself someday—though at 55 she realizes that the window won't be open for long.

"You've got to get clear on what your goals are and how important are they to you," Peetz says. "You have to go for it. No one comes in with a silver platter."

Sounds a lot like the great advice she's been selflessly sharing with other women for years.

Peetz in 2010 25MPWIB (#3)
Peetz in 2009 25MPWIB (#2)
2009 Top Team: BNY Mellon
Peetz in 2008 25MPWIB (#6)

There was no shortage of talent in the room at American Banker's Oct. 9 awards ceremony in New York honoring the Most Powerful Women in Banking and Finance. So it seemed appropriate for some of the industry's biggest success stories to offer advice to up-and-coming women in their fields. Here are 14 honorees reflecting on lessons learned in their own careers.

Successful. Influential. Innovative. These women are driving results at their institutions, and paving the way for the female talent behind them.

Whether newcomers to the power scene or bank industry veterans taking on a new challenge, these women bear keeping an eye on.

From capital markets to card networks, businesses in the finance sector are benefiting from these women's efforts.