The Most Powerful Women in Banking

Courage is key for Wells Fargo's Diane Schumaker-Krieg. Her 37 years in financial services is practically a road map on how to embody it.

Noticing that clients were placing more emphasis on planning for specific goals than on simple returns and performance benchmarks, JPM's Kelly Coffey oversaw the development of a new wealth management platform to help project wealth, monitor and adjust their portfolios, and deploy surplus assets.

Attacking a problem — whether it's structuring an acquisition or merger for a Citigroup client or mastering the crescendo of a complicated piece — is about approaching it with creativity for Elinor Hoover.

To help facilitate collaboration for employees spread throughout the world, Elizabeth "Liz" Myers convened a two-day gathering of her managing directors so they could discuss clients' needs. The event is now in its second year and is expected to be annual.

People who are used to doing something a certain way — and succeeding — often balk at being asked to do it differently. Without a deft touch from management, morale can suffer. That was the challenge facing Kathie Andrade when TIAA promoted her to CEO of its retail financial services business.