Visa faces Justice Department antitrust case on debit cards
Antitrust enforcers are preparing to accuse the payments giant of taking steps to keep rivals from challenging its dominance in the debit card market, according to people familiar with the matter.
The Most Powerful Women in Banking: No. 3, Jennifer Piepszak, JPMorgan Chase
The former co-CEO of the consumer and community banking division, Piepszak was named co-CEO of the newly formed commercial and investment bank in January.
The Most Powerful Women in Banking: No. 15, Jennifer Smith, Zions Bancorp.
Nine years into her current position, Smith has shepherded multiple tech investments at Zions, including a 400,000-square-foot corporate campus in Midvale, Utah, devoted to technology.
The Most Powerful Women in Finance: No. 8, Emily Portney, BNY
Portney leads the bank’s largest business unit, asset servicing. The group’s assets under custody and administration neared $50 trillion in the second quarter, setting a record for BNY and the financial industry.
The Most Powerful Women in Finance: No. 7, Lindsay Hans, Bank of America, Merrill Wealth Management
Merrill Wealth Management added a record 37,500 net new clients in 2023, up nearly 50% from 2022, and added $38 billion AUM from clients in 2023, nearly five times its AUM increase in 2022.
The Most Powerful Women in Banking: No. 25, Bridgit Chayt, Fifth Third
Chayt started at Cincinnati-based Fifth Third as director of wholesale payments in 2016, after almost 19 years at Comerica leading its treasury management and business deposit services.
The Most Powerful Women in Finance 2024
Our annual list of the 25 most powerful women in finance.
The Most Powerful Women in Banking 2024
Our annual list of the 25 Most Powerful Women in Banking honorees.
The Most Powerful Women in Banking: No. 11, Tracy Kerrins, Wells Fargo
Kerrins is leading efforts to simplify the technology used at the $1.9 trillion-asset Wells Fargo, including an investment in four new data centers.
The Most Powerful Women in Banking: No. 7, Stacey Friedman, JPMorgan Chase
Friedman, general counsel for the bank, plans to have the company’s entire legal department equipped with artificial intelligence by year end.