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.
Wells Fargo plans to offer parental leave for the first time, and working moms in financial services report higher salaries but less family time than their peers in other industries. Newton Investment Management's Helena Morrissey spearheads a United Nations climate change initiative targeting women on boards and RBC's Linda Mantia experiments with using the blockchain to improve the customer experience. Also, Amy Domini, Ranjana Clark and Phyllis Borzi.
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The $3.8 billion-asset company said in a press release Thursday that Lynne Fox will succeed Noel Beasley, who decided to step down after retiring from the Workers United union.
May 26
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Homes owned by single men are more valuable and appreciate faster than properties owned by single women, according to an analysis from RealtyTrac.
May 26 -
Fulton Financial in Lancaster, Pa., has hired Lynn Ozer as president of Small Business Administration lending. Before joining Fulton, Ozer led a small-business lending team at Susquehanna Bancshares that was largely dismissed after the company's sale to BB&T.
May 25
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A female executive sues Bank of America, accusing the company of being a "bros club" and paying her less than male colleagues; Democrats call on the overwhelmingly "white and male" Fed to prioritize diversity; Goldman, which lags when it comes to female leadership, names a new CEO for its bank unit, coincidentally swapping in a man for a woman. Also, Ruth Porat, chief culture officers, and the stubborn gender pay gap.
May 20
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Louise Walker, the head of First Northern Bank in Dixon, Calif., will be wearing an additional hat over the next year chair of the California Bankers Association.
May 18
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.