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.
In addition to being an industry giant with many opportunities to run large business lines, Wells Fargo takes a studied approach to leadership development, with special emphasis on women and other diversity candidates who have been traditionally underrepresented in the financial services sector.
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A commercial banker with deep experience covering the apparel, jewelry and retail sectors, Diane D'Erasmo took on a new role at HSBC last October, overseeing the flow of foreign business into the company's U.S. subsidiary.
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She had neither the time nor the resources to install a state-of-the-art customer relationship management system, but Associated Banc-Corp's Donna Smith still pulled off major infrastructure improvements her company needed to close the gap with rivals in the middle-market lending arena.
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With Morgan Stanley taking over sole ownership of the Smith Barney franchise, Ruth Porat's already heady Street influence has grown even more authoritative.
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Lisa Carnoy, who started at Merrill Lynch in 1994, has emerged as a strategist behind some of the largest IPO and block-trade deals since the financial crisis, through her Global Capital Markets team at Bank of America.
September 18 - WIB PH
Under Barbara Byrne, Barclays' investment banking division finished the first half of 2013 in the top three on Dealogic's league tables for U.S. mergers and acquisitions and global debt capital markets, and it was a bookrunner on seven of the 10 largest initial public offerings.
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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.