The Most Powerful Women in Banking

For 21 years, American Banker's Most Powerful Women in Banking and Finance rankings have been celebrating top-performing senior executives. Now we invite you to nominate the up-and-coming women in your bank or financial institution.

Anu Aiyengar, who was named co-head of global M&A in 2020, will be sole head of global mergers and acquisitions at JPMorgan Chase, making her the only woman to lead that franchise at a major Wall Street bank.

The Korean American bank's leader talks about her expansion plans, what she learned from former bosses and how Koreatown, and the community, is changing.

Citigroup is seeing countries around the world roll into recessionary environments, with the U.S. economy on track to follow them in the second half of next year, Chief Executive Jane Fraser said.

Since her 20s, Wechter has served as a sounding board to Chairmen Richard Parsons and Mike O'Neill and CEOs Michael Corbat and now Jane Fraser. Wechter, 41, eventually took over the human resources department, where she has set in motion changes reshaping life at the bank for its 238,000 employees.