Magazine article American Banker

Feting Financial Servicesa[euro][TM] Most Powerful Women

Magazine article American Banker

Feting Financial Servicesa[euro][TM] Most Powerful Women

Article excerpt

Byline: U.S. Banker editors Anthony Malakian and Joseph Rosta

It was a night of restrained optimism, understated New York glitz, and a smattering of angst, but camaraderie trumped competition Monday night at U.S. Banker's 6th annual gala toasting The 25 Most Powerful Women in Banking, which drew 500 guests to The Plaza. Some of the industry's heaviest hitters came out to see, be seen, and compare notes from the field at a time when capitalism itself seems to ride on shifting shoals.

JPMorgan Chase's Heidi Miller, CEO of Treasury and Securities Services, took advantage of a full house to underscore how important it is for women in the industry to create a unified front. "These are difficult times, and we face extraordinary circumstances in our industry and in our nation," said Ms. Miller, who was ranked number one by U.S. Banker for the second year in a row.

"No matter what the financial crisis, men - excuse me for those few of you brave enough to be here tonight - have historically landed on their feet. But given what we're up against today as women, we'd be foolhardy if we didn't think about how we should land on our feet. Now, more than ever, we have to help each other. We can't go it alone; we need to network...No matter where we land, in order to land on our feet, we have to do it together," she said.

The Plaza gala was not about glitter and steak as the industry burns. Rather, the most influential women in the industry - from Credit Suisse's Nicole Arnaboldi to Goldman Sachs' Stacy Bash-Polley - came out to speak with their peers about taking a long-term approach in responding to daily events. The event offered many reminders that, even among huge corporate losses, there are strong performers like Sunflower Bank's Mollie Hale Carter, whose Salina, KS-based community bank posted one of the largest return on equity numbers in the industry. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.