The Most Powerful Women in Banking
After 40 years on the job, Catherine "Cathy" Pombier Bessant is well ensconced among the sparse but growing ranks of senior stateswomen in finance. Bank of America's global technology and operations executive for 12 years and its vice chair of global strategy since September 2021, Bessant has topped American Banker's list of the Most Powerful Women in Banking three years in a row, from 2017 to 2019, and was inducted into AB's Hall of Fame in 2020.
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Hong Kong's big financial summit planned for next week to promote the city's reopening lost a key attendee as Citigroup Chief Executive Officer Jane Fraser was diagnosed with COVID.
October 27
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BNP Paribas was told by French judges it shouldn't have excluded bonuses from its calculations to close the gender pay gap, in a ruling that's likely to have ramifications for the local banking industry.
October 20
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Yvette Hollingsworth Clark, once the chief compliance officer at Wells Fargo, has taken on a similar role at the Boston-based custody bank.
October 11
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Sexual assaults, lurid propositions and a sex tape pack the latest filings in a class action against Goldman Sachs. But it's a boss's comment about his assistant's engagement ring two decades ago and a woman who complained an executive checked her out that have set off an especially bitter dispute in the case.
October 6
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Reflecting on two decades of changes in the banking industry, Stacey Friedman, executive vice president and general counsel at JPMorgan Chase, is struck by how women are more significantly represented in the field.
October 5
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.