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.
Ask any Beltway insider what oils the innards of the capital city and the answer won't have a thing to do with the greenback. Of course, money helps oil the wheels of progress more efficiently, but it can never surpass the premier power of the relationship, this town's only true currency.
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Kathy Elsesser, a Goldman managing director since 2002 and partner since 2004, and head of its consumer retail group in investment banking, has used every ounce of her energy to keep her team on track.
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Many executives take pride in quickly making judgment calls. But what Paula Rosput Reynolds learned in an arduous year as vice chairman and chief restructuring officer at the embattled AIG was the value of a carefully formed opinion.
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Suzanne Shank can make competing with the big guys on Wall Street sound ho-hum. "You can have a lot of bodies, but if you have a good group of people with good connections you can do a pretty good job."
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Mellody Hobson, the president of Ariel Investments in Chicago, is a ubiquitous presence in the media, educating the public about the importance of responsible investing.
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These highly profitable banks all have one thing in common: women in key roles.
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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.