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Market Intelligence:
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  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 3, Abigail Johnson, Fidelity Investments

    A longtime focus on alternative investments positioned this asset-management heir to benefit from the recent surge of consumer interest in crypto and a relaxed regulatory regime.

    By Glen Fest
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    3.Abigail-Johnson-2025-CS..jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 4, Penny Pennington, Edward Jones

    With a shift toward financial-planning advice and banking, the brokerage-house leader hopes to grow her firm faster.

    Chana-Schoenberger-headshot-crop.png
    By Chana Schoenberger
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    4.Penny_Pennington-2025-CS..jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 10, Anna Marrs, American Express

    Marrs runs Amex's second largest business by revenue and card member spending.

    By Joey Pizzolato
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  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 21, Solita Marcelli, UBS

    Despite being in the industry for 25 years, Marcelli still wakes up in the middle of the night to jot down ideas.

    By Joel Berg
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  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 12, Donna Milrod, State Street Corporation

    Milrod, a champion of innovation, has strengthened State Street's position in the digital assets space, including securing three of the 11 Bitcoin and Ethereum ETFs launched this year.

    By Monica Link
    October 1
    12.Donna-Milrod-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 19, Ann Fogarty, State Street

    Fogarty, who was promoted to chief operating officer of investment services in July, leads the firm's largest business unit.

    By John S. Hintze
    October 1
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  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 24, Christina Minnis, Goldman Sachs

    The imperative is to keep one eye on the business, and the other eye on talent. The former is fed by the latter.

    Mike Sisk
    By Michael Sisk
    October 1
    24.Christina-Minnis-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 23, Jenny Johnson, Franklin Templeton

    Under Johnson's leadership, Franklin Templeton launched a private equity fund along with two real estate funds in 2024.

    By Joel Berg
    October 1
    23.Jenny-Johnson-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 22, Sharon Yeshaya, Morgan Stanley

    Yeshaya, a daughter of immigrants, said she sees the challenges she's faced as opportunities for growth.

    By John Egan
    October 1
    22.Sharon-Yeshay-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 25, Meghan Shue, Wilmington Trust

    Given the volatility in the market, Shue is spending more time on the road speaking to clients.

    By Joel Berg
    October 1
    25.WIB_Meghan_Shue_0489-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 16, Meghan Graper, Barclays

    Key to Graper's performance is her ability to "anticipate windows of opportunity" and then give clients the confidence boost they need to act.

    Mike Sisk
    By Michael Sisk
    October 1
    16.M_Graper_Meghan-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 18, Kate El-Hillow, Russell Investments

    Under El-Hillow's direction, Russell is exploring approaches that can generate more consistent value from active strategies.

    By Joel Berg
    October 1
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  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 13, Michal Katz, Mizuho Americas

    Since joining Mizuho six years ago, Katz has had to contend with the COVID pandemic, a liquidity crisis, the regional banking meltdown and rising interest rates.

    By Monica Link
    October 1
    13.Michal-Katz-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 11, Emily Portney, BNY

    Demand for tokenized assets, real-time data and collateral mobility is turning asset servicing into a strategic differentiator for BNY—and Portney is looking to capitalize on all of it.

    Mike Sisk
    By Michael Sisk
    October 1
    11.Emily-Portnoy-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 14, Lynn Martin, NYSE Group

    Her ability to communicate with markets, employees and investors is what these unprecedented times call for, something Martin takes in stride while pressing ahead.

    By John Engen
    October 1
    14.Lynn-Martin-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 15, Racquel Oden, HSBC

    Since joining HSBC in 2023, Oden has been focused on expanding its wealth business in the U.S.

    By Daria Solovieva
    October 1
    15.Racquel_Oden_0478-2-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 17, Martina Cheung, S&P Global

    Knowing what to acquire and what to let go are proving to be growth engines for S&P, and Cheung's just getting started.

    By Ken Kundis
    October 1
    17.Martina-Cheung-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 9, Anu Aiyengar, J.P. Morgan

    Despite a schedule that always has her in the air and on the road, Aiyengar always makes time to meet with the bank's employees.

    By Joel Berg
    October 1
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  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 20, Kourtney Gibson, TIAA

    As head of TIAA's $955 billion retirement business, Gibson said that Americans are facing "a perfect storm in retirement security."

    By John Egan
    October 1
    20.KourtneyGibson-2025-CS.jpg
  • 2025 Most Powerful Women in Finance
    The Most Powerful Women in Finance, No. 6, Adena Friedman, Nasdaq

    In addition to swiping exchange business from rival NYSE, Friedman has diversified with compliance software and anti-financial crime offerings for banks and securities firms.

    By Glen Fest
    October 1
    6.Adena-Friedman-2025-CS.jpg
Load More
23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.