The Latest from Women in Banking

Jelena McWilliams, most recently chief legal officer at Fifth Third, previously served as a Senate GOP aide and an attorney at the Federal Reserve Board.

With all the attention around more women running for office, women's marches, and the #MeToo movement, there is growing demand for investment options that support women too, says Veris' Luisamarie Ruiz Carlile.

Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat.

Lisa Frazier, an adviser to banks and startups, will succeed Steve Ellis, who is stepping down after more than three decades with the company.

Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus, heels or flats?

Federal Reserve Bank of Cleveland President Loretta Mester warned against dismantling core reforms that have made U.S. banks better able to withstand a financial crisis.

Women frustrated with limited opportunities for advancement and problems with sexual harassment should consider creating their own financial institutions tailored to the needs of female consumers.

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.