The Most Powerful Women in Banking

The U.S. Treasury is creating a new role of point person for racial equity, hiring JPMorgan Chase veteran Janis Bowdler for the job.

Lesher, previously the company’s head of middle-market banking operations on the East Coast, takes over as Wells is making technology investments in the unit.

Citigroup told staff to avoid scheduling calls and meetings from noon to 1 p.m., another step in CEO Jane Fraser’s push to ease workers back into the office. 

Young entrepreneurs and soon-to-be heirs are expecting more social impact from their investments. Private banks are evolving in response — often by matching clients with like-minded advisors who are closer in age, and by hiring more women and people of color.

This past year has proven that traditional leadership models will not take us forward. Attracting and retaining talent, especially diverse talent, depends on how well we listen to and understand the many changes in what employees value.