Women in Banking

Ignoring women costs the financial industry $700 billion a year

11/11/19

The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman.

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U.S. Bancorp recruits Capital One exec to be its AI chief

11/06/19

Tanushree Luke played a key role in Capital One's use of a conversational artificial intelligence technology known as Eno, and she previously worked for the U.S. government's Defense Advanced Research Projects Agency.

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Citigroup, Wells Fargo and KeyCorp: Bankers on the move

10/27/19

Big succession moves dominated the industry headlines in the past few weeks, as women claimed key chief leadership titles.

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Citigroup promotes Fraser to president, setting stage to be Corbat's successor

10/24/19

Citigroup promoted Jane Fraser to president, its second-highest post, making her a likely candidate to succeed CEO Michael Corbat and someday become the first woman to run one of the largest U.S. banks.

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City National bolsters its East Coast presence

10/24/19

The Los Angeles bank is taking its wealth management and entertainment financing businesses to Miami and Long Island as part of its effort to expand nationally.

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Her work here is done: CEO leaving Bank Leumi after transforming it

10/24/19

Rakefet Russak-Aminoach, who will leave the company at the end of the month, has raised net profit and lowered costs by revamping its technology and culture.

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It’s a ‘lonely walk’ to the top at FDIC for a woman of color

10/24/19

Arleas Upton Kea shares her 30-year journey to become the first African-American woman to serve as deputy to the FDIC chairman and chief operating officer.

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The cost of being crass and a broken rung on the career ladder

10/21/19

Fisher Investments is out more than $1 billion following Ken Fisher’s controversial remarks at a conference. Where do men pull ahead of women in promotions? Right from the start. Plus, a girls’ high school soccer team makes national news.

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Female CFOs brought in $1.8 trillion more than male peers

10/17/19

Within the first 24 months of appointing female CFOs, companies saw, on average, a 6% increase in profits and an 8% better stock return, compared to performance under male predecessors.

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Calling all allies: What women in banking say is key to progress

10/09/19

Bank executives at the Most Powerful Women in Banking and Finance gala stressed the importance of male allies in combating gender inequities.

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