The Most Powerful Women in Banking
Honorees gathered at Tiffany's Landmark building in New York City, where American Banker interviewed them about the industry's trajectory and leadership lessons they've learned in their careers.
For Dorothy Savarese, the financial crisis has in some ways amounted to a restoration of the principals that guide her institution, Cape Cod Five Cents Savings Bank.
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Long days are the norm now for Pat Callahan, the executive vice president in charge of integrating the former Wachovia into the now nearly $1.3 trillion-asset Wells Fargo.
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Earlier this year, as many bankers moved cautiously through chaos, Bank of America's Cathy Bessant forged ahead, focused on making a deal. The result: A joint venture agreement with First Data.
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The recession has not made president Nancy Wolcott's life easy. The group's enterprise investor services business ranks as the No. 1 sub-accounting provider in the U.S. and No. 2 full-service mutual fund transfer agent in the U.S.
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Diana Starcher says tackling the task of combining Wells Fargo & Co.'s customer service channel with Wachovia's is a lot like learning to downhill ski. "You're trained when you first begin skiing not to look down to the bottom of the mountain."
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Recessions have been surprisingly good to Beth Mooney, and she's doing all she can to make sure this one works out well, too. Mooney got into banking in the mid-1970s downturn, scoring the only job she could find out of college: as a secretary at a Texas bank.
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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.