Women in Banking

From the Wall Street Journal:

Now US Banker magazine is finding some bright spots in its annual “25 Most Powerful Women in Banking” issue. Calpers, the giant California pension fund, hired the first female CEO, Anne Stausboll, in its 77 year-history, while Bank of America is said to be grooming Sallie Krawchek, who was recently hired as head of the bank’s Global Wealth and Investment Management unit, as a possible successor to CEO Ken Lewis.

At the top of the US Banker list, for the third straight year, is Heidi Miller, J.P. Morgan’s CEO of Treasury and Securities Services. One notable newcomer to the list is BBVA Compass retail chief Shelaghmichael Brown, who helped with that bank’s recent acquisitions in the US.

The magazine editors rank the women based criteria such as one-year performance, the results of business initiatives, management style and overall influence.

Full List @ US Banker