Banco Popular de Puerto Rico

Pat Callahan shares four leadership lessons she learned in her 38 years at Wells Fargo. She also talks about the qualities necessary to become a better leader — ethics and kindness among them — and calls on executives in the banking industry to use their leadership to improve its reputation.

Women have transformed banking — by their presence and their performance. But the only reason that change happened is because "we were given a chance," Beth Mooney of KeyCorp told the honorees during the Most Powerful Women in Banking and Finance awards dinner at the Waldorf Astoria in New York City. "Now, we are stewards of that 'chance' for the next generation," and creating a diverse and inclusive culture is an obligation. Other speakers at the event included JPMorgan's Marianne Lake and Wells Fargo's Pat Callahan.

When KeyBank made history by appointing a woman as chairman and CEO, the goal it had set for itself was not to break the glass ceiling, but only to find the best person for the job, says Beth Mooney in her speech at the Most Powerful Women in Banking and Finance celebration. But this historic choice is a testament to how Key's diverse board of directors — its diversity ratio is more than 50% — helps ensure a truly inclusive culture throughout the organization. (For more on how the women in our rankings are pursuing diversity in the boardroom, click here.)

If you want to have a big impact within your bank and across the banking industry, you need to get familiar with different parts of the business, have a wide variety of skills, and develop a network of people who like you. So even a lateral move can be helpful, says Wells Fargo's Pat Callahan. She offered this career advice as part of a speech she gave when accepting a Lifetime Achievement Award. (See Callahan's full speech here.)

Puerto Rico's weak economy is putting pressure on asset quality at the island's banks, says Joseph Pucella, vice president and senior credit officer at Moody's.

Recipients of the 2015 FinTech Forward awards discuss how banks can remain competitive with nimbler, innovative startups.

Recipients of the 2015 FinTech Forward awards discuss how banks can remain competitive with nimbler, innovative startups.

Recipients of the 2015 FinTech Forward awards discuss where banks fall short in competing with startups.

Recipients of the 2015 FinTech Forward awards discuss the new competitive challenge facing banks.

How do you assemble and lead a great team? Get a peek at a day in the life of Susan Skerritt, Deutsche Bank's head of global transaction banking for the Americas, and listen in as she shares some of her leadership and management strategies. Skerritt was on our Women to Watch list for 2015 and 2014.