US Banker magazine has just announced its latest list of 'The 25 Most Powerful Women In Banking'.
Here's the top 5
1. Carrie Tolstedt, SVP, Community Banking, Wells Fargo
2. Deanna Oppenheimer, Chief Executive, Retail Banking, Barclays PLC
3. Karen Peetz, Senior Executive VP, Financial Markets & Treasury, Bank of New York Mellon
4. Sallie Krawcheck, President, Bank of America's wealth and investment management businesses
5. Pamela Joseph, Vice Chairman of U S Bancorp Payment Services
And here's a few other worthy mentions:
9. Julie Monaco, head of Citigroup's Global Transaction Services in North America
11. Barbara Desoer, President of Mortgage and President of Home Loans & Insurance, Bank of America
19. Colleen Johnston, Group Head Finance and Chief Financial Officer, TD Bank Financial Group
23. Diane D'Erasmo, Executive Vice President, Commercial Banking, HSBC USA
And while it's great to celebrate the success of the above women in banking, spare a thought for those who clearly still have many battles ahead of them.
Ghana News reports that some of Ghana's most 'reputable banks' are 'allegedly turning their female bankers into 'prostitutes' in their drive for aggressive deposit mobilization'.
According to the news service, the unrealistic monthly targets female bankers have been set for deposit growth are the root cause of the problem. One female banker is quoted, saying that although female bankers are not given specific instructions to seduce clients into making deposits, they are encouraged to 'go all out' for the cause. She says that she knows of 'countless' female bankers, young and old, who have no option but to 'use their bodies to generate funds for their employers'.
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