The Most Powerful Women in Banking
Europe's biggest banks are falling behind on their promises to promote more women, at least when measured by the very top jobs.
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When Nandita Bakhshi took a job as a part-time bank teller in 1986, she found an environment far removed from today's. "The expectation for anyone who didn't fit expectations was to conform as best we could to a very narrow definition of 'professionalism,' " says Bakhshi, who took the teller job after moving from India to the U.S. to support her husband's academic career. "Times have changed," she says.
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In her fourth year as CEO of City National Bank, Kelly Coffey is expanding the types of lending her bank offers while also increasing diversity in her leadership team. Since Coffey was named CEO in February 2019, business has grown substantially.
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As U.S. Bancorp's vice chair and chief administrative officer, Kate Quinn is leading a $573 billion-asset company she says is focused on "meeting customers where they are and how they want to do business." Quinn joined the bank in 2013 and was appointed to the chief administrative role in 2017.
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Stephanie Cohen has been at Goldman Sachs for more than 23 years. She started as an analyst in 1999 and has held a series of leadership positions in mergers and acquisitions. In January 2021, she was appointed global co-head of consumer and wealth management.
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The Regions Bank website has many of the financial education features consumers have come to expect from banks: information about banking, saving for college and saving for retirement.
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The latest news and perspective on women in the industry | The Most Powerful Women in Banking program convenes and empowers the community of female executives in financial services.