The Most Powerful Women in Banking

Amy Carlson had to make a tough call last year about a business she had spent the three previous years building: whether to scale it back, hold steady or keep investing.

Dawn Fitzpatrick understands the importance of bench strength. When asked to name a significant management decision in the past year, she cited hiring her successor after being promoted.

Fiona Bassett moved to New York with a mandate of making Deutsche Bank one of the top exchange-traded fund issuers in the United States. Since her arrival in 2014, she's done just that.

In 2012, BNP Paribas was the largest global custodian without a presence in North America and it wanted to change that. It found its leader in Claudine Gallagher, then the global head of depositary receipts at J.P. Morgan. Four years later, le succés.

Karen Peetz has myriad responsibilities as president of the world's largest custody bank, not the least of which is managing relationships with Bank of New York Mellon's 500 largest clients.