By Ben Eisen and Liz Hoffman
Jane Fraser has been named the incoming CEO of Citigroup, turning into the primary lady to land the chief’s job at one of many main U.S. banks. Amongst different high Wall Street corporations, ladies occupy senior spots and lead main companies. None to this point have taken the highest job. Listed below are a few of the main feminine executives at Citi’s predominant rivals.
Marianne Lake, CEO of shopper lending, JPMorgan
Served as finance chief of the largest U.S. bank earlier than taking over the function of operating JPMorgan’s huge consumer-lending enterprise. She is seen as a contender to succeed CEO James Dimon when he finally retires.
Jennifer Piepszak, chief monetary officer, JPMorgan
Beforehand head of the bank’s credit-card enterprise, she took over from Ms. Lake as finance chief in 2019. Additionally seen as a contender for the CEO’s spot, she has additionally run the bank’s business-banking unit and was finance chief of its mortgage enterprise.
Beth Hammack, treasurer, Goldman Sachs
Oversees the Wall Street big’s cash positions and watches its again with regulators. Uncommon for a back-office government, she has trading-floor cred after years as an interest-rates dealer.
Stephanie Cohen, head of technique, Goldman Sachs
Has put her M&A background to make use of constructing Goldman’s new Essential Street enterprise by way of takeovers and partnerships.
Susan Huang, co-head of funding banking, Morgan Stanley
The primary lady to run a Wall Street investment-banking division, she helps oversee 1 / 4 of Morgan Stanley’s revenues.
Shelley O’Connor, CEO of Morgan Stanley Personal Bank
A veteran of the agency’s wealth-management enterprise — she began out as a department worker in San Francisco — she is now accountable for the agency’s regulated bank, which is rolling out new financial savings and checking merchandise.
Mary Mack, CEO of shopper and small enterprise banking, Wells Fargo
Oversees shopper and small enterprise banking, which homes a 3rd of the bank’s staff and consists of its sprawling community of branches.
Ellen Patterson, basic counsel, Wells Fargo
Was employed earlier this yr by the bank’s new CEO, Charles Scharf. She came to visit from TD Bank Group, the place she was additionally basic counsel, and beforehand was a accomplice at Simpson Thacher & Bartlett LLP.
Catherine Bessant, chief operations and expertise officer, Bank of America
Oversees Bank of America’s huge expertise price range. A veteran of virtually 4 many years who has labored in practically each nook of the bank.
Anne Finucane, vice chairman, Bank of America
Tasked with rehabilitating the bank’s picture after the monetary disaster, she is a confidante of CEO Brian Moynihan. She focuses on technique and oversees environmental, social and governance efforts.
Write to Ben Eisen at email@example.com and Liz Hoffman at firstname.lastname@example.org