DOCSLIB.ORG

Introducing the Most Powerful Women in Banking: NEXT

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Introducing the Most Powerful Women in Banking: NEXT May 2019 | americanbanker.com the rise of the THE purpose-driven CEO FUTURE OF LEADERSHIP introducing the most powerful women in banking: NEXT CV1_ABM_0519.indd 1 4/12/19 4:05 PM Offer your customers and staff the convenience of Coinstar® Customers have many great options for their loose coins: • Cash voucher • NO FEE eGift Cards Direct deposit • Charity donations now available • Direct deposit* Staff can focus on customers because Coinstar provides a full-service solution: • No coin handling • Exceptional uptime • Free techinical support To learn more, go to Coinstar.com/f inancial_institutions * Not available in all states © 2019 Coinstar Asset Holdings, LLC. All Rights Reserved. Coinstar and its associated logo are trademarks of Coinstar Asset Holdings, LLC. 0C2_ABM0519 2 4/10/2019 3:29:03 PM Contents May 2019 | VOL. 129 | NO. 5 THE FUTURE OF LEADERSHIP 12 The Purpose-Driven Chief Executive How a rapidly changing workforce, the rise of socially responsible investors and a more activist public have fundamentally changed the role of the bank CEO ALSO INSIDE Briefings 4 Lessons from an ‘Insulting’ Ad A diverse Boston neighborhood got offended by a TD Bank poster. Here’s what other banks can do to avoid similar backlash 5 20 Really ROSIE How Regions Optimal Solutions Intelligence Engine, aka ROSIE, is The Most Powerful Women in Banking: Next helping boost cross-sales for the Get ready to meet 15 women — ages 40 and under — whose Alabama bank accomplishments and influence set them apart. 6 28 Digital Disconnect As banks push customers to self-serve channels, they’re missing out on opportunities to build a relationship. Is it possible to create a human connection in a digital age? Reprint and reuse rights, call (877) 652-5295 Metrics and Measures 8 Kristen Bitterly, Citigroup 22 Lindsay Lawrence, 26 The Top 200 First Foundation Bank Rachel Bryant, Regions Bank 22 Publicly traded banks with under $2 Carrie Lichter, Fifth Third 27 billion of assets ranked by three-year Camille Burckhart, Popular 23 return on equity Erika Marquez, Sumitomo Mitsui 27 Chantel Chase, Zions Bancorp. 23 Abigail Mrozinski, Wilmington 28 Lian Duan, China Merchants 24 Trust BackPorch April Frazer, Wells Fargo 24 Jennifer Upshaw, Synovus 28 32 Emily Girsch, Lincoln Savings 25 Uma Wilson, UMB Bank 29 Quotes from Mastercard’s Ajay Banga, Jacqueline Howard, Ally 26 Wells Fargo’s Tim Sloan, BB&T’s Kelly Rana Yared, Goldman Sachs 29 King and more americanbanker.com May 2019 American Banker 1 001_ABM_0519 1 4/12/19 6:38 PM Volume 129, No. 5 american banker.com Editor’sWhat’s View going on @ Executive Editor Bonnie McGeer Art Director Robin Henriquez Contributors Laura Alix, Hilary Burns, Penny Crosman, americanbanker.com Suleman Din, Victoria Finkle, Rob Garver, Alan Kline, Hannah Lang, Jackie Stewart, Kevin Wack Established 1836 One State Street Plaza, 27th floor, New York, NY 10004 Phone 212-803-8200 www.americanbanker.com Emails [email protected] Editor in Chief Rob Blackwell 571.403.3834 Managing Editor Dean Anason 770.621.9935 Executive Editor Bonnie McGeer 212.803.8430 Senior Editor Alan Kline 571.403.3846 Editor at Large Penny Crosman 212.803.8673 Washington Bureau Chief Joe Adler 571.403.3832 Technology Editor Suleman Din 212.803.8738 BankThink Editor, Deputy Washington Bureau Chief Victoria Finkle 646.477.7549 Community Banking Editor Paul Davis 336.852.9496 News Editor Andy Peters 404.500.5770 Contributing Editor Daniel Wolfe 212.803.8397 Digital Managing Editor Christopher Wood 212.803.8437 Copy Editor Neil Cassidy 212.803.8440 Reporters/Producers Laura Alix 860.836.5431 Kate Berry 562.434.5432 Hilary Burns 617.276.6916 Nathan DiCamillo 212.803.8246 Neil Haggerty 571.403.3837 John Heltman 571.403.3847 Will Hernandez 212.803.8731 Hannah Lang 571.403.3855 John Reosti 571.403.3864 Gary Siegel 212.803.1560 Jackie Stewart 571.403.3852 Kevin Wack 626.486.2341 Rachel Witkowski 571.403.3857 Group Editorial Director, Banking/Capital Markets Richard Melville 212.803.8679 Executive Director, Content Operations and Creative Services MOST READ MOST SHARED Michael Chu 212.803.8313 ADVERTISING Change agent VP Sales, Banking & Payments Ira Robbins has shaken things up since becoming CEO of Dennis Strong 212.803.8372 what is now Valley Bank Northeast • Added employee perks (volunteer time, tech bar) Brad Bava 212.803.8829 Midwest/Southwest • Adopted shorter bank name Shelly Schmeling 312.932.9392 • Cut 60 corporate jobs West Sara Culley 831.438.8408 • Formed fintech partnerships Midatlantic/Southeast • Increased annual tech spending by $20M David Cleworth 843.640.3713 Marketing Manager Deborah Vanderlinder 212.803.8323 Putting M&A on the Back Burner CECL Spells Trouble Group Director Custom Marketing Solutions Virginia Wiese 704.987.3224 Valley Bank in Wayne, N.J., did many The new accounting standard won’t CIRCULATION/CUSTOMER SERVICE Subscriptions [email protected] acquisitions under its previous chief make community institutions safer, Customer Service/Renewals executive. Its new CEO, Ira Robbins, though implementation is proving [email protected] 212.803.8500 Licensing and Reuse of Content: Contact our official has taken a markedly different burdensome and could restrict access partner, Wrights Media, about available usages, license and reprint fees, and award seal artwork at approach, prioritizing technology to credit, Rep. Blaine Luetkemeyer [email protected] or (877) 652-5295 for more information. Please note that Wright’s Media is the while adding employee benefits such argued in a BankThink article. Its only authorized company that we’ve partnered with for SourceMedia materials. as volunteer work days and adjusting “potentially drastic consequences,” he compensation to factor in Valley’s wrote, “are looming over communities overall performance. across the country.” CHIEF EXECUTIVE OFFICER....................................Gemma Postlethwaite American Banker (ISSN 2162-3198) Vol. 129 No. 5, is published monthly by SourceMedia, One State Street Plaza, 27th Floor New York, CHIEF FINANCIAL OFFICER ...........................................................Sean Kron NY 10004. Subscription price: $149 per year in the U.S.; $229 per year for all other countries. Periodical postage paid at New York, NY EVP & CHIEF CONTENT OFFICER .................................David Longobardi and additional U.S. mailing offices. POSTMASTER: send all address changes to American Banker, One State Street Plaza, New York, NY CHIEF STRATEGY OFFICER ........................................................Jeff Mancini 10004. For subscriptions, renewals, address changes and delivery service issues contact our Customer Service department at (212) 803-8500 CHIEF DATA OFFICER ............................................................ Christian Ward or email: [email protected]. Send editorial inquires and manuscripts to American Banker, One State Street Plaza, 27th Floor, New SVP, CONFERENCES & EVENTS ..........................................John DelMauro York, NY 10004. This publication is designed to provide accurate and authoritative information regarding the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering financial, legal, accounting, tax or other professional service. VP, PEOPLE & CULTURE ...................................................................Lee Gavin American Banker is a registered trademark used herein under license. © 2019 SourceMedia, Incorporated and American Banker. All rights reserved. www.americanbanker.com. 2 American Banker May 2019 002_ABM0519 2 4/5/2019 5:38:44 PM “The key to this business is advice. The way we combine technology and our advisors to deliver it is what sets us apart.” — RHOMES AUR CEO, FTB Advisors, Inc. EVP, First Tennessee Bank RISE above the rest Rhomes Aur and FTB Advisors saw an opportunity to establish a new level of advice delivery. By combining technology with the bank’s hometown culture, they proactively engage their clients in all types of markets to develop solutions that evolve with their unique needs. Watch Rhomes’s story, and learn how Fidelity is the change agent helping banks and trust companies build a future-ready business. Visit go.fidelity.com/transformnow or call 877-262-5950. Transform for the future with Fidelity. FTB Advisors is a client of Fidelity Clearing & Custody Solutions® and is an independent company, unaffiliated with Fidelity Investments. Its business needs and results may not reflect the experience of other Fidelity clients. Fidelity Clearing & Custody Solutions provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, Members NYSE, SIPC. © 2018 FMR LLC. All rights reserved. 828391.1.0 34481_26_AD_RHOMES_Amer_Banker_FP.indd003_ABM0519 3 1 4/10/20195/16/18 3:29:04 7:59 AMPM Briefings BRANDING | ARTIFICIAL INTELLIGENCE | DIGITAL BANKING for a few reasons. While TD has its U.S. headquarters in New Jersey, the bank has long had a presence in the greater Boston area (though notably, not in Dorchester). TD also prides itself on diversity and inclusion, both in its ranks and in its corporate philanthropy. Plus the ad echoed a 2017 campaign by Samsung that got flak for similar reasons. In that case, a Boston subway hub displayed the company’s large banner ads reading: “We’ll keep your work stuff safe if you go to Alewife and your phone goes to Mattapan.” Though Alewife and Mattapan are at opposite ends of the same subway line, many read a more
Load more

Recommended publications
  • Bibliography
    Bibliography Chapter 1 The Banking Crises of the 1980s and Early 1990s: Summary and Implications Bank of America. The California Economy in 1990: Surmounting the Challenges. Economic and Business Outlook. January 1990. Benston, George J., and Mike Carhill. FSLIC Forbearance and the Thrift Debacle. In Credit Mar- kets in Transition, Proceedings of the Conference on Bank Structure and Competition. Federal Re- serve Bank of Chicago. May 1992. Berger, Allen N., and Sally M. Davies. The Information Content of Bank Examinations. Working paper 94-24, the Wharton Financial Institutions Center. 1994. Berger, Allen N., Richard J. Herring, and Giorgio P. Szego. The Role of Capital in Financial Insti- tutions. Journal of Banking and Finance 19 (1995): 393430. Berger, Allen N., Anil K. Kashyap, and Joseph M. Scalise. The Transformation of the U.S. Banking Industry: What a Long, Strange Trip Its Been. Brookings Papers on Economic Activity 2 (1995). Berger, Allen N., Kathleen Kuester King, and James M. OBrien. The Limitations of Market Value Accounting and a More Realistic Alternative. Journal of Banking and Finance 15 (1991): 75383. Billet, Matthew T., Jon A. Garfinkel, and Edward S. ONeill. Insured Deposits, Market Discipline, and the Price of Risk in Banking. Unpublished paper, November 1995. Boyd, John H., and Mark Gertler. Are Banks Dead? Or, Are the Reports Greatly Exaggerated? In Proceedings of the Conference on Bank Structure and Competition. Federal Reserve Bank of Chicago. May 1994. Brinkman, Emile J., Paul M. Horvitz, and Ying-Lin Huang. Forbearance: An Empirical Analysis. Journal of Financial Services Research 10 (1996). Calomiris, Charles W., and Gary Gorton.
    [Show full text]
  • Banking Problems in the Northeast
    Chapter 10 BankingBanking ProblemsProblems inin thethe NortheastNortheast Introduction The banking problems in the Northeast were indissoluble from the regions real estate problems.1 Fueled by a strong regional economy, both residential and commercial real es- tate markets in the region boomed during the 1980s, but the boom eventually led to over- building and rampant real estate speculation. Late in the decade, when the regional economy weakened and a high volume of new construction projects coincided with dimin- ished demand, the real estate market boom turned into a bust. During the early 1990s, an oversupply of completed projects came on the market and real estate prices went into a sharp decline. In an environment of increased real estate loan defaults, a significant number of northeastern banks failed: 16 in 1990, 52 in 1991, and 43 in 1992.2 These failures ac- counted for substantial portions of the nations total volume of failed-bank assets and of the FDICs bank-failure resolution costs for those years. Losses from northeastern bank failures totaled $1.3 billion in 1990, $5.5 billion in 1991, and $2.8 billion in 1992and constituted 45 percent, 91 percent, and 77 percent, respectively, of total FDIC failure-resolution costs for those years. Failures were particularly prominent in 1991, when assets of failed banks represented 25.4 percent of prior year-end banking assets in New Hampshire, 18.3 percent in Connecticut, 15.2 percent in Maine, and 12.0 percent in Massachusetts.3 The 1991 failure of three subsidiaries of the Bank of New England Corporation (the Bank of New England, Connecticut Bank and Trust Co., and the Maine National Bank), a failure which many would identify as the last major failure of the banking crises of the 1980s and early 1990s, was especially significant.
    [Show full text]
  • The Capital Markets Conference October 23–24 | Jw Marriott | Washington, Dc
    ANNUAL 2017 MEETINGTHE CAPITAL MARKETS CONFERENCE OCTOBER 23–24 | JW MARRIOTT | WASHINGTON, DC Sponsorship Opportunities ANNUAL MEETING 2017 Sponsorship Opportunities Diana Serri | 212-313-1258 | [email protected] PLATINUM SPONSORS GOLD SPONSORS SILVER SPONSORS 2 ANNUAL MEETING 2017 Sponsorship Opportunities Diana Serri | 212-313-1258 | [email protected] SIFMA’s Annual Meeting: Where the Capital Markets Meet SIFMA’s marquee event gathers more than 700 senior industry leaders, policymakers, regulators and financial media and affords sponsors unprecedented business development opportunities. Former President Bill Clinton, former New York City Mayor Michael Bloomberg and former Treasury Secretary Henry M. Paulson, Jr. are among the many that have participated. By popular demand, we will return to our nation’s capital this October for candid one-on-one conversations, in-depth breakout sessions and unparalleled networking on the state of our capital markets. 2016 Attendee Demographics . C-Suite – 14% Managing Director/Senior Executives/Global Head – 39% Vice President/Director – 20% Press – 9% Regulator – 7% General Counsel/Attorney – 2% Other (Academic, Government Official, etc.) – 9% 3 ANNUAL MEETING 2017 Sponsorship Opportunities Diana Serri | 212-313-1258 | [email protected] 2017 SIFMA Annual Meeting Sponsorship Levels and Additional Benefits: 2017 SIFMA Annual Meeting Sponsorship Levels are designed to further enhance your firm’s presence and put you in direct contact with key decision makers before, during and after the Annual Meeting. Sponsorship
    [Show full text]
  • How Banks Aim to Close Racial Wealth Gap: More Minorities in Leadership | American Banker
    7/23/2020 How banks aim to close racial wealth gap: More minorities in leadership | American Banker How banks aim to close racial wealth gap: More minorities in leadership By Allissa Kline July 12, 2020, 9:00 p.m. EDT Calls for swift action to end systemic racism have gotten louder in the seven weeks since the death of George Floyd, and expectations have mounted for banks to play a major role — especially when it comes to closing the income gap between whites and Blacks. But to do that, banks will need to get their own houses in order — including diversifying top leadership and middle-management ranks. New hiring and promotional policies could reshape banks’ understanding of local communities’ needs and expand who gets mortgages or small- business loans and which families build lasting wealth, according to sources inside and outside banks. Including more people of color in bank management would diversify the flow of capital, said Malia Lazu, the chief experience and culture officer at Berkshire Hills Bancorp in Boston. Article ServiceNow supports banks and customers during difficult times As the financial services industry looks to modernize workflows to create frictionless experiences, many turn to ServiceNow. P A R T N E R I N S I G H T S S P O N S O R C O N T E N T F R O M https://www.americanbanker.com/news/how-banks-aim-to-close-racial-wealth-gap-more-minorities-in-leadership 1/17 7/23/2020 How banks aim to close racial wealth gap: More minorities in leadership | American Banker “That really could be revolutionary,” said Lazu, a former community organizer who joined the $13.1 billion-asset bank a year ago and oversees its diversity, equity and inclusion initiatives.
    [Show full text]
  • Reproduction Or Electronic Forwarding of This Daily Report Is a Violation of Federal Copyright Law
    Reproduction or electronic forwarding of this daily report is a violation of federal copyright law. Site licenses and multicopy discounts are available. Please call our customer service team at 1-800-221-1809 or email [email protected]. For reprints or ePrints of individual articles, please contact Joylyn Yaw at 1-800-367-3989 or [email protected]. October 2011 A CUSTOMER- FRIENDLY CORE ##7"JTEFQMPZJOHBOFXDPSFCBOLJOH TZTUFNUPQSPDFTTUSBOTBDUJPOTJOSFBM UJNFBDSPTTBMMDIBOOFMT QBHF THE 8th ANNUAL FINTECH 100 RANKING PROFILES OF THE TOP 10 THE ENTERPRISE 25 RANKING Sergio Fidalgo, CIO of BBVA Compass, is centralizing customer data and bringing in a CRM system that aims to put the customer fi rst QBHF A SUPPLEMENT TO americanbanker.com/fi ntech100 Contents OCTOBER 2011 1SPƕUJOH%VSJOHB3FDFTTJPO %FTQJUFUIFEJƐDVMUFDPOPNZ UFDIOPMPɒZƕSNTJOPVSSBOLJOHTFYQFSJFODFE BOJNQSFTTJWFHSPXUIJOSFWFOVFGSPNƕOBODJBMTFSWJDFT 5IF'JOUFDI 0VSBOOVBMMJTUPGUIFUPQUFDIOPMPɒZWFOEPSTUPUIFƕOBODJBMTFSWJDFT JOEVTUSZ SBOLFECZSFWFOVF .FUIPEPMPɒZ )PX*%$'JOBODJBM*OTJHIUTBOE"NFSJDBO#BOLFSDPNQJMFUIF'JO5FDI SBOLJOHBOEJUTDPNQBOJPOMJTU 5IF&OUFSQSJTF 5IF&OUFSQSJTF 5IFMBSHFTUIPSJ[POUBMWFOEPSTTFMMJOHUPUIFƕOBODJBMTFSWJDFTJOEVTUSZ "$VTUPNFS$FOUSJD$PSF 5PTUSFOHUIFODVTUPNFSSFMBUJPOTIJQT ##7"JTVQHSBEJOHUIFDPSFBOE$3. TZTUFNTBUJUT64CBOL 5IF'PSFDBTUGPS$MPVET 8IZQSJWBUFDMPVETBSFJOBOEQVCMJDDMPVETFSWJDFTBSFTUJMMBRVFTUJPONBSL (PPE5JNFT"IFBEGPS3JTL5FDIOPMPɒZ #BOLTXJMMTQFOENPSFPOSJTLUFDIOPMPɒZUIJTZFBS JOTFWFOLFZDBUFHPSJFT 2VFTUJPO"MM.PCJMF1BZNFOU1SFEJDUJPOT 'SBOL.BSUJSF 1SFTJEFOUBOE$&0
    [Show full text]
  • Annual Meeting 2016 Driving American Ingenuity and Economic Growth
    THE CAPITAL MARKETS CONFERENCE ANNUAL MEETING 2016 DRIVING AMERICAN INGENUITY AND ECONOMIC GROWTH SEPTEMBER 26–27 | THE MAYFLOWER HOTEL | WASHINGTON, DC EVENT GUIDE SIFMA is the voice of the U.S. securities industry. We represent the broker-dealers, banks and asset managers whose nearly 1 million employees provide access to the capital markets, raising over $2.5 trillion for businesses and municipalities in the U.S., serving clients with over $20 trillion in assets and managing more than $67 trillion in assets for individual and institutional clients including mutual funds and retirement plans. SIFMA, with offi ces in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org. THE CAPITAL MARKETS CONFERENCE WELCOME Dear Colleague, It is with great pleasure that I welcome you to SIFMA’s 2016 Annual Meeting, The Capital Markets Conference. SIFMA is a member-driven organization that advocates for eective and ecient capital markets, which provide the foundation for capital formation, investor opportunity, job creation and economic growth. We gather this year in our nation’s capital, just weeks before the presidential election, to examine how today’s business and financial regulatory environment is impacting our national economy. We are excited to welcome noted leaders from the policy, regulatory and business sectors for candid one-on-one conversations including Twitter and Square Co-Founder and CEO Jack Dorsey, Congressman Jeb Hensarling, CFTC Chairman Timothy Massad, Governor of Missouri Jay Nixon, former Chancellor of the Exchequer and First Secretary of State George Osborne, former Treasury Secretary Henry M.
    [Show full text]
  • BANKER of the YEAR Bruce Van Saun, Citizens Financial Group
    December 2019 | americanbanker.com BANKER OF THE YEAR Bruce Van Saun, Citizens Financial Group Community Banker of the Year Spence Mullis, Morris Bank 001_ABM_1219 1 11/12/19 11:36 AM 0C2_ABM1219 2 11/11/2019 4:42:15 PM Contents December 2019 | VOL. 129 | NO. 12 BEST IN BANKING 2019 Banker of the Year 12 Citizens Financial Group’s Bruce Van Saun Not that long ago Citizens Financial was struggling to remain relevant. Thanks to Van Saun and his management team — and a well- timed spinoff from Royal Bank of Scotland — the company is on the rise. 12 Community Banker Of the Year 18 Morris Bank’s Spence Mullis Mullis has thrived as a traditional community banker, leading the redevelopment of historic buildings in a small, struggling Georgia town and successfully growing Morris Bank in a 18 24 mostly rural market. Briefings requirement that lenders start collecting and 10 reporting data on small-business loans seems to Industry gets a cloud of its own 4 have plenty of industry support Bank of America and IBM teamed up to build a Jail time is no bar to employment public cloud specifically for banks JPMorgan Chase is broadening its efforts to 7 hire former prisoners for entry-level jobs and Digital first, but flexible 11 pushing for policy changes to help people with Citigroup’s deposit strategy has brought in A fintech’s college try criminal records re-enter the workforce billions of dollars from credit card customers A new feature Digit is adding to its savings app outside of its footprint, but branch openings are will help users pay down their
    [Show full text]
  • Crain's 2019 Notable Women in Banking & Finance
    Women claim their place in finance INDEX OF HONOREES PAGES 24-25 PAGE 28 PAGE 32 PAGE 36 PAGES 40-41 Ellen Alemany Stephanie Cohen Marisa Harney Anneliese Seelaus Mitnick Denise Smyth Barbara Desoer Susan Cullen Susan Huang Julie Monaco Magda Souffront Mary Callahan Erdoes Dafna Dothan Andrea Kantor Michelle Neal Emily Stoddard Adena Friedman Hafize Gaye Erkan Audrey Kaplan Sandie O’Connor Christine Waldron Sallie Krawcheck Laura Fazio Michal Katz Shelley O’Connor Anne Walker Marianne Lake Carolyn Finer Nancy King Carin Leong Pai Yael Weinstock-Shemesh Barbara Novick Aleida Frederico Esther Lainis Raquel Palmer Ellie Wheeler Anne Clarke Wolff PAGE 30 PAGE 34 PAGES 38-39 Sharon French Janice Liu Abby Parsonnet PAGE 26 Claudine Gallagher Elizabeth Magennis Tina Chan Reich Karen Altfest Lorraine George-Harik Ellen Marshall Diane Reyes Alexandra Barth Leslie Godridge Alison Mass Josephine Savastano Fiona Bassett Maria Grasso Doris Meister Luvleen Sidhu Lissa Baum Deborah Gravinese Melissa Melvin Elena Sisti Katia Bouazza Maria Hackley Denise Menelly Lori Calvasina We congratulate Carin Pai and all of 2019’s Notable Women, for their notable achievements and dedication to the New York City community. More than 85 Years of Truly Personalized Wealth Management. fiduciarytrust.com © 2019 Fiduciary Trust Company International and subsidiaries (doing business as Fiduciary Trust International) are part of the Franklin Templeton Investments family of companies. All rights reserved. FTCI_BIGWORD_MAG_10.25x7_CRAIN_0219_rev.indd 1 2/26/19 6:54 PM Contents 22 Women claim their place in finance 24 Profiles of the 2019 Notable Women in 42 Banking & Making a Finance difference How women in finance find ways to give back Personal and Exceptional.
    [Show full text]
  • Nicole Straub
    August 2020 | americanbanker.com Meet the change-makers raising up the Detra Miller: Champion of industry for a new small businesses Strategic thinker generation Mother Tenzin Alexander Katherine Andersen Meera Das Christine Guo Ryleigh Miller: Angela Ho Self-proclaimed artist Kristiane Koontz Basketball enthusiast Daughter Jennifer Masterson Jennifer Matlock Detra Miller Meghan Ryan Melissa Sacher Lindsay Sacknoff Lisa Shim Nikki Stephenson Nicole Straub THE MOST POWERFUL WOMEN IN BANKINGNEXT ABM0820_Cover_Final.indd 1 7/9/20 1:57 PM Maximize the Value of Your Seniors Housing Loans Welltower (NYSE: WELL), an S&P 500 company, is the largest owner of seniors housing and medical-related real estate assets in the world. Our platform of best-in-class operators, key health care industry relationships, unparalleled data analytics capabilities and access to capital allows us to work alongside and in partnership with you to maximize the value of your seniors housing industry loans (CRE as well as construction loans). We o er solutions to buy your existing loans or to bring in operating partners to turn around existing situations. Please contact us today to explore ways we can partner WELL with you. CONTACT US TODAY Tim McHugh, EVP and CFO Nikhil Chaudhri, VP, Investments [email protected] [email protected] (646) 677-8743 (646) 677-8772 0C2_ABM0820 2 7/8/2020 3:45:56 PM Contents August 2020 | VOL. 130 | NO. 8 8 Most Powerful Women In Banking: NEXT In this extension of our Most Powerful Women in Banking program, we showcase 15 high-achieving executives in the leadership pipeline. These women — ages 40 and under — have amassed accomplishments and influence that set them apart.
    [Show full text]
  • Senior Management Biographies
    SPEAKER BIOGRAPHIES February 25, 2020 Jamie Dimon Chairman & Chief Executive Officer Jamie Dimon is Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., a global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers, small business, commercial banking, financial transaction processing and asset management. Dimon became CEO on January 1, 2006 and one year later also became Chairman of the Board. He was named President and Chief Operating Officer upon the company’s merger with Bank One Corporation on July 1, 2004. Dimon joined Bank One as Chairman and CEO in 2000. Dimon began his career at American Express Company. Next, he served as Chief Financial Officer and then President at Commercial Credit, which made numerous acquisitions and divestitures, including acquiring Primerica Corporation in 1987 and The Travelers Corporation in 1993. Dimon served as President and Chief Operating Officer of Travelers from 1990 through 1998 while concurrently serving as Chief Operating Officer of its Smith Barney Inc. subsidiary before becoming co-Chairman and Co-CEO of the combined brokerage following the 1997 merger of Smith Barney and Salomon Brothers. In 1998, Dimon was named President of Citigroup Inc., the global financial services company formed by the combination of Travelers Group and Citicorp. Dimon earned his bachelor’s degree from Tufts University and holds an MBA from Harvard Business School. He serves on the boards of directors of a number of non-profit institutions including the Business Roundtable, Bank Policy Institute and Harvard Business School.
    [Show full text]
  • CPG External Risk Events July 2020
    EXTERNAL RISK EVENTS REPORT July 2020 TABLE OF CONTENTS • Introduction • Overview • Risk Events by Category • Significant Management Changes 1233 20th Street NW, Suite 450 For more information contact: Washington, DC 20036 Claude Hanley, Partner Capitalperform.com Tel: 202-337-7875 @CPG_DC [email protected] EXERNAL RISK EVENTS REPORT JULY 2020 EXTERNAL RISK EVENTS REPORT SUMMARY Capital Performance Group tracks events at financial institutions and financial technology firms across the country which could have risk implications for the industry. This sample report focuses on events at large banks in the United States as well as selected nonbank financial companies, fintechs, and payments companies. Within each risk type, events are sub-divided into three categories based on the relative significance of the event or the size of the fine or penalty levied against the institution in question: H I G H M E D I U M L O W PRIORITY PRIORITY PRIORITY The report contains a recap of legislative actions, proposed regulatory rules and enforcement actions among U.S. regulatory agencies involved in financial oversight. External events are organized under eight types of risk for easy review: 1. Liquidity – changes to markets or regulations that could impact an institution’s ability to fund its assets 2. Market/Interest Rate Risk – changes or potential changes to rates 3. Credit – instances of increased charge-offs or nonperforming loans in a particular credit segment 4. Operational – when the failure of a system, process, or person results in a loss or penalty 5. Fiduciary & Suitability – when an institution fails to act in the best interest of either shareholders or clients 6.
    [Show full text]
  • The Most Powerful Women in Banking: Next
    May 2021 | americanbanker.com In a year that forced us all to reassess what’s important, roles that banks often take for granted — at branches and call centers, in human resources and marketing — stood out. THE MOST POWERFUL WOMEN IN BANKING: NEXT COMMUNITY BANK RANKINGS p.30 INSIDE PAYPAL’S SUPER APP p. 34 TAKING ON FOOD DESERTS p. 40 Shaheena Khan BMO Harris Bank 0C1_ABM0521.indd 1 4/22/21 8:51 AM U.S. Bank celebrates the power of women, whose work drives results and advances excellence across our company and the entire financial industry. We are honored to congratulate Anu Somani Achieve. on being named among the 2021 Most Influential Women in Payments: Next award and Angela Ratliff among the 2021 Most Powerful Women in Banking: Inspire. Next award. Elevate. Anu Somani Senior Vice President Head of Faster Payments and Payment Innovation Angela Ratliff Senior Vice President Global Head of Disputes and Prepaid Operations Thank you to all the honorees for your remarkable impact and influence. Member FDIC. ©2021 U.S. Bank ABM_0521.indd 2 4/22/2021 4:02:19 PM Table of Contents The Most Powerful Build your vegetables p. 40 Women in Banking: NEXT p. 10 Millions of Americans suffer from food insecurity, and Women make tremendous contributions to all facets millions lack access to sources of healthy, nutritious of the banking industry, but these 15 ascendant female food. But a decadelong state and federal effort to executives have made superlative efforts to navigate combat those problems is finally bearing fruit. their banks through difficult challenges.
    [Show full text]