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.
Maureen Miskovic started out at the London Metal Exchange as the silver crisis was cresting. She was at the London Stock Exchange for the Mexican peso crisis and Barings Bank's implosion. And she became the chief risk officer at Lehman Brothers just in time for the run on its stock in 1998.
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Few women in banking draw as much attention as Sallie Krawcheck. A mainstay on lists of powerful women, Krawcheck joined Bank of America in August to take over its brokerage and wealth management operations.
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In November of last year, Morgan Stanley appointed Cece Sutton president of the new retail banking group. Bank deposits grew to $46.8B by the end of the first quarter of 2009.
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Among her peers, Citigroup's Jane Fraser may stand out just for the sheer number of air miles she logged last year while leading the troubled company's re-engineering effort.
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Long days are the norm now for Pat Callahan, the executive vice president in charge of integrating the former Wachovia into the now nearly $1.3 trillion-asset Wells Fargo.
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Earlier this year, as many bankers moved cautiously through chaos, Bank of America's Cathy Bessant forged ahead, focused on making a deal. The result: A joint venture agreement with First Data.
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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.