Elizabeth "Liz" Myers
Head of Global Equity Capital Markets, J.P. Morgan
In an uneven year for JPMorgan Chase, Liz Myers shined. Her global equity capital markets unit completed 469 deals in 2013 and generated $1.5 billion in fees an increase of 46% over 2012. That performance was sufficiently strong to earn a positive mention in the company's annual report, which noted "improved wallet share in equity capital markets" helped drive an increase in overall investment banking fees.
The unit has shown every likelihood of doing more of the same this year, as it continues to grab share in a hypercompetitive global market. Since taking over equity capital markets in December 2012, Myers has put a priority on building global linkages among the 190 bankers who report to her. Her team executed 22 cross-border deals in 2013, and it has completed more than 30 so far in 2014.
Myers joined JPMorgan in 1992, working first in mergers and acquisitions and then corporate finance. She took a break between 1995 and 1997 to attend Harvard Business School. She returned to the company in 1997 in equity capital markets and began a steady rise; today, she is the only woman to head a global equity capital markets business at a Wall Street bank.
Myers is active in several women's networking groups at the investment bank, and says she stresses the importance of networking to the young women she mentors. "It is rare that if a younger woman comes to meet with me that I don't follow up by introducing her to someone in the senior ranks," she says.