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.
The wealth and asset management team, led by Kristine Garrett, saw a 34% year-over-year boost in total revenue for its business line, up to $626.6 million.
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Lake, along with her co-CEO Jennifer Piepszak, lead all of consumer and community banking, which serves nearly 80 million consumers and 6 million small businesses across the U.S.
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Piepszak is jointly in charge of one the bank's most wide-reaching segments: consumer and community banking.
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O'Neill has worked at BofA since 1996, starting as a credit analyst in its corporate and investment bank. She took the reins of the bank's retail banking unit in 2021.
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Stewart's division has invested in new bankers for the long term, growing its banker head count by 40% since 2015. Since June 2023, its new client count has grown by 91%, and revenue is up 20.4%.
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Friedman attributes much of her success to her innate curiosity, and an ability to find small details interesting.
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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.