The Most Powerful Women in Banking, No. 14, Carolyn Booth, BMO Financial Group
Booth, who is BMO’s head of U.S. personal and business banking, talked about how soccer has been at the center of the bank’s marketing push in California.
The Most Powerful Women in Banking, No. 23, Jennifer Barker, BNY
Clients want payments in real-time, so Barker is leaning into RTP and FedNow. She’s also all-in on treasury services powered by AI and analytics.
The Most Powerful Women in Banking, No. 24, Bridgit Chayt, Fifth Third Bank
Chayt said the bank has been able to onboard customers “at the speed of fintech” rather than “the speed of banking.”
The Most Powerful Women in Banking: Performance, Resilience and the Changing Dynamics of Leadership
The 23rd annual ranking of women leaders in the banking industry.
The Most Powerful Women in Banking, No. 10, Jennifer Taylor, Citigroup
Citi chief compliance officer Jennifer Taylor leads risk management across 180 markets while championing AI innovation and overseeing complex international divestitures.
The Most Powerful Women in Banking’s Life Time Achievement Award: Julie Monaco
Public sector banking doesn’t have a line on Citi’s income statement. But Monaco’s global influence is threaded throughout the bank’s work with government finance ministries, central banks and other sovereign entities.
The Most Powerful Women in Banking, No. 25, Kim Posnett, Goldman Sachs
Posnett gets paid to worry about the volatility of the macro environment. Her answer: Q2 investment banking fees are 26% higher than the same period in 2024.
Court’s delay in Cook case hints at unique thinking for Fed
Legal experts say the Supreme Court’s decision not to immediately rule on a request to remove Federal Reserve Gov. Lisa Cook from office suggests that, whatever the court’s views on independent agencies may be, it views the central bank differently.
OCC to dramatically reduce community bank regulation
The Office of the Comptroller of the Currency Monday said it will scrap fair housing reporting requirements, fast-track licensing for small banks and simplify regulation for smaller institutions overall.
Penny shortage causes ‘chaos’ for banks and retailers
Supplies of the one-cent coin have fallen faster than expected, causing headaches for cash businesses and the lenders that provide them with change.