The Most Powerful Women in Banking

Duckett, president and CEO at TIAA, regularly calls attention to the fact that more than 40% of Americans don't have enough savings to retire, and the percentage is even worse for women and minority groups.

In January, Johnson launched the Franklin Bitcoin ETF, which seeks to reflect the performance of the price of bitcoin.

With the November acquisition of Adenza, a risk management and regulatory reporting software provider, Nasdaq continued the fintech expansion that Friedman has championed since she took the CEO job in 2017.

Hung joined State Street Global Advisors in December 2022, following a 12 year stint at New York Life Investments, including 7 1/2 years as its CEO.

Merrill Wealth Management added a record 37,500 net new clients in 2023, up nearly 50% from 2022, and added $38 billion AUM from clients in 2023, nearly five times its AUM increase in 2022.