The Most Powerful Women in Banking
The consumer and community banking division at JPMorgan Chase surpassed $1 trillion in deposits in 2021, up 51% from 2019. But while the New York-based bank is the biggest in the U.S., serving more than 66 million households, customers should feel the bank is unique for them, Jennifer Piepszak, co-CEO of consumer and community banking, said during the bank's "Women on the Move" leadership day in October 2021.
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How can empathy and understanding translate into banking? In about 600 ways, according to M&T Bank's Aarthi Murali.
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When Priscilla Sims Brown took over as head of Amalgamated Bank, she made her goals clear. The company would increase profits and market share. Accomplishing those aims would, in turn, expand the bank's voice on social issues.
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For years, Sound Community Bank in Seattle organized its workforce around bank branches and specialists for retail lending, commercial banking and home mortgage. But in the last year, "we threw all that out the window," said Laura Lee Stewart.
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Julieann Thurlow is working to ensure that smaller institutions don't get left behind as the megabanks make better use of new technology.
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Not only does the banking industry have a problem developing more female senior leaders, it also struggles with ethnic diversity. Kimberly Moore-Wright is working to change that.
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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.