The Latest from Women in Banking

JPMorgan Chase’s Thasunda Duckett is living her ancestors’ wildest dreams; Morgan Stanley could take a lesson from Citi on reining in rainmakers; and Jelena McWilliams faces tough choices at the FDIC. Plus, babysitting gets approved as a new type of campaign expense.

Democratic Senator Kamala Harris on Thursday upped the pressure on the U.S. central bank to make its leadership more diverse, introducing legislation to compel the Federal Reserve's 12 regional banks to interview at least one woman and one minority candidate when they search for a new chief.

Manuela Veloso, head of the machine learning department at Carnegie Mellon University, will join the bank in July.

Thasunda Brown Duckett discussed her journey to becoming CEO of consumer banking at JPMorgan Chase, a career path that, she noted, wasn't available to African-American executives only a generation ago.

Banks need to respond swiftly to allegations of sexual harassment and other misdeeds, even those involving their top performers.

Lorie Shannon, recruited from SunTrust, will oversee a strategy that features large, non-QM mortgages in key markets.

Amanda Norton will lead the charge to improve risk management at Wells Fargo after its phony-accounts scandal and other problems.

One woman's legal battle of more than a decade could develop into one of the biggest gender discrimination lawsuits to hit Wall Street. Bank of America faces a complaint after its sexual harassment ouster, and loses another top female executive. Plus, lots of tech initiatives.

Longtime executives Bill Parker and Jennie Carlson plan to retire from the Minneapolis company, giving CEO Andy Cecere an opportunity to reshape his executive team.

Susan Zaunbrecher would replace Jelena McWilliams as chief legal officer upon the Senate's confirmation of McWilliams, the Cincinnati company said.