Most Powerful Women in Banking: No. 12, JPMorgan Chase's Stacey Friedman

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General Counsel, JPMorgan Chase

Stacey Friedman wants JPMorgan Chase employees to speak up.

As companies grappled this year with the fallout from the #MeToo movement, which prompted the public airing of sexual harassment and assault claims against powerful men in business and politics, Friedman led an initiative to make sure JPMorgan employees feel comfortable calling out misbehavior when they see it.

Stacey Friedman, General Counsel at JPMorgan Chase.

Friedman spoke on the issue at an off-site retreat hosted by CEO Jamie Dimon and attended by 250 of the company’s most senior leaders. She has also hosted smaller sessions with senior executives across the company.

Her message: Establish trust and an open dialogue with employees. Doing so will encourage them to raise their hand when they observe something that looks wrong.

Friedman has used her influence at the top of the nation’s largest bank to promote diversity in other ways as well.

She set a goal this year, for instance, of making sure more women and minorities argue JPMorgan's cases in the courtroom — and that they represent 50% of its external legal teams by the end of 2019.

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Outside of work, Friedman continues to be a strong supporter of LGBT rights, and serves on the board of the National Center for Law & Economic Justice, which provides legal counsel and other types of assistance to people living in poverty.

In her free time, Friedman is learning how to play tennis. “I find it pretty funny how bad I am — literally, every time I’m on the court I find a new way to embarrass myself.”

But, she said, “tennis is a sport that my wife and I can play together until we’re 90 years old.”

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National banks Sexual harassment Diversity and equality JPMorgan Chase Women in Banking
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