A lot of information is found on the web about America’s financial titans and their history and donations. Yet, not so many of them, if none, are women. The political and humanitarian moment in the past, unfortunately, had women in the dark ages, banning them from public, artistic and social life and they weren’t noticeable at all, apart from a few exceptions. Nowadays, fortunately, the story is different. Women have gained the rights they deserve and now compete head to head with their male peers for top positions in any topic you can imagine. Jobs, politics, science and even in sport, women are being noticed for their achievements. In finance and banking it is no different. Some of the best and most influencing positions in banking and finance in the United Sates are held by women, making them one of today´s financial titans in America because of their influence in top decision making and their work for women. Let’s see some names that are pulling the strings in the finance and corporate America.
Mary Callahan Erdoes
She is the head of JPMorgan Chase’s asset management division and one of the busiest women in corporate America. She manages $2.4 trillion in clients assets and has made asset management a profitable and noticeable area within JPMorgan, generating more than 10% of the company’s annual revenue and net income in 2015. She is also one of the two women on JPMorgan’s 12-member operating committee. She is committed to help women start or regain their career paths and she launched two programs aimed at giving women in the industry a greater range of opportunities for career advancement, Women on the Move and The Re-Entry program.
Abigail Johnson is the president of Fidelity Management and Research, FMR. She is the best option to succeed her father, Edward “Ned” Johnson III, 84, as CEO of the privately owned mutual fund giant. Forbes has already placed her in the 23rd place on Forbes’ list of America’s richest people. She is now responsible for all aspects of Fidelity’s financial services businesses, corporate operations and diversified investments. She is also committed to women by creating programs to engage with future investors, which she says will be mostly women, and giving them more options and education to invest. In her own words “women are becoming increasingly powerful in our economy — controlling more wealth, often out-earning their spouses, and making more retirement decisions. We want to win their respect, earn their loyalty, and be their financial services company of choice.”
Mooney became the first female chief of a top 20 U.S. bank the day she was appointed into the role of KeyCorp’s chairman and CEO. She is now in charge of more than 15,000 employees and assets of near $90 billion. She is one of just two female CEOs at a large U.S. banking company and she is on the boards of the Financial Services Roundtable and the Clearing House and chairs the Greater Cleveland Partnership, one of the nation’s largest chambers of commerce. She has served as a Trustee on the Boards of the Musical Arts Association, Cleveland Clinic Foundation, Village Capital Corporation and a Member of The Financial Services Roundtable and served on the Boards of numerous civic and community organizations, including the Ohio Foundation of Independent Colleges, Ballet Met and the Miami Valley Economic Development Coalition.
She is the Chief Financial Officer at JPMorgan Chase and it is said that she is number 2, just after Jamie Dimon, the CEO. In Jamie Dimon´s words “Marianne has started to do such a good job that I’ve become unnecessary. Don’t be surprised if one of these days I don’t show up” which shows a lot of confidence and gives her almost the same power as one of the modern day financial titans. Despite being a regular on J.P. Morgan’s conference calls, she has remained low profile behind Jamie Dimon. But now she has stepped into the limelight after being named the second most powerful woman in banking by American Banker magazine.
She is the Vice Chairman of Investment Banking at Barclays. She has used her position and influence to create an index, the Women in Leadership Index (WIL), to link investment products, which aim to provide investors with exposure to US-based companies with gender-diverse executive leadership. In her own words “Inclusion in this list helps raise awareness of the importance of having a diverse workforce and the business benefits gender diversity brings to a company’s performance.” This is the sixth year in a row that Barbara has been included in the American Banker magazine “25 Most Powerful Women in Finance” and she was ranked the third most powerful women in finance for 2015, the fifth time she has been in the top five.