US Banker articles from October 2008

US Banker archives from October 2008

Women's Influence and The Race for the Cure; The influence women have in the battle to beat breast cancer is not only the awareness and the money that they raise, but also the hope they bring to those waiting for the cure.(Commentary)
October 1, 2008... Byline: Holly Sraeel, Editor-in-Chief The motivation to found The 25 Most Powerful Women in Banking ranking was to profile executives whose performances are remarkable, but whose gender happens to be female in an industry dominated by men....

Top Ten Earners in 2008.(The 25 Most Powerful Women In Banking 2008)(Brief article)(List)
October 1, 2008... Sallie Krawcheck Chairman and CEO, Citi Global Wealth Management, Citigroup Salary: $500,000 Non-equity incentive compensation: $2,910,000 Total compensation: $3,410,000 Barbara Desoer President, Mortgage, Home...

#1. Heidi Miller; CEO, JPMorgan Treasury & Securities Services JPMorgan Chase & Co.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Dalia Fahmy Heidi Miller has mixed feelings about her success. At a time when most bankers would consider themselves lucky if their business held steady, the CEO of JPMorgan Treasury and Securities Services has had a phenomenal...

#2. Barbara Desoer; President, Mortgage, Home Equity & Insurance Services (Rank based on her prior role as chief technology and operations officer) Bank of America.(The 25 Most Powerful Women In Banking2 008)
October 1, 2008... Byline: Glen Fest All eyes are on Barbara Desoer. The former chief technology and operations officer for Bank of America is taking on the most formidable challenge in her career-as well as a 2,500-mile trek back to her native California-...

#3. Carrie Tolstedt; Senior EVP, Community Banking Wells Fargo & Company.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Joseph Rosta In boom times and in bear markets, it's all about customers. That's Carrie Tolstedt's view. "I'm proud of our team's passion and commitment to helping customers," says Wells Fargo's senior evp for community banking....

#4. Pamela Joseph; Vice Chairman, Payment Services; Chairman, Elavon U.S. Bancorp.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: John Engen Ask U.S. Bancorp CEO Richard Davis if he has any interest in the banking business outside of the U.S., and the answer is a quick no. There's plenty of growth to be had here at home, and the domestic system-for all of its...

Sallie Krawcheck; Chairman and CEO Citi Global Wealth Management.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Dalia Fahmy If it's a list of powerful American women, chances are Sallie Krawcheck is on it. After all, with $1.7 trillion in assets under management at Citi, she runs the world's second-largest wealth management division, and has...

Karen Peetz; CEO, Issuer, Treasury, Broker-Dealer and Hedge Fund Services (Rank based on her prior role as CEO of Global Corporate Trust) The Bank of New York Mellon.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Dalia Fahmy If you think that studying finance is the only preparation for a career in banking, you haven't met Karen Peetz. With a Masters degree in applied behavioral science and a specialization in how organizations change,...

Mollie Hale Carter; President & CEO Sunflower Bank.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Dalia Fahmy Mollie Carter jokingly calls herself the accidental CEO. Although her family has owned Salina, KS-based Sunflower Bank for 116 years, nobody in her family had ever worked for the bank, other than to serve on its board...

Diane D'Erasmo; EVP and Regional President, Commercial Lending HSBC Bank USA.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Michael Sisk It's not always that a long-time employee of one institution survives and thrives after its acquisition. But Diane D'Erasmo, who worked at Republic National Bank for 20 years before HSBC purchased the smaller bank in...

Sheila Schauer; President & CEO Four Corners Community Bank.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Mark Brown Sheila Schauer loves math, opened her first checking account at age 11, and started work as a part-time bank teller when she was a junior in high school. But she says it's her passion-even "obsession"-for detail that...

DIVERSITY: Banking Gap Prevails for Hispanics and Blacks; Economic conditions and culture count.(Front and Center)
October 1, 2008... Byline: Joseph Rosta Banks are trying, but many American minorities remain "unbanked," according to Synovate's 2008 U.S. diversity markets report. Aegis Group's market research arm found progress has been made, but not enough to bring...

Charlotte McLaughlin; President and CEO PNC Capital Markets The PNC Financial Services Group.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Dalia Fahmy Never mind the recent mayhem in financial markets: times are good for Charlotte McLaughlin, president and CEO of PNC Capital Markets. McLaughlin is riding a contrarian business boom over the last year in running a...

Catherine Keating; CEO, U.S. Private Bank JPMorgan Chase.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Laura Tyson Li "There is a frustrated writer in the heart of this banker!" So says Catherine Keating, chief executive of JPMorgan Chase's U.S. Private Bank-arguably the gold standard in wealth management-and a self-described...

Diane Reyes; Global Treasury and Trade Sales Head, Global Transaction Services // Citigroup.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: John Adams Winning the Department of Defense's travel card business-the largest travel card program in the world-was hugely important. And Diane Reyes and her team weren't about to let it slip through Citi's fingers. So the...

#13. Amy Woods Brinkley; Global Risk Executive // Bank of America.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Joseph Rosta Though mired along with the rest of the financial sector in the blow-off from the housing market collapse, the mortgage-backed securities tsunami, and what looks to be a global economic cooling, Bank of America has...

#14. Diane Thormodsgard; Vice Chairman & Head of Wealth Management & Securities Services U.S. Bancorp.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Dalia Fahmy With markets off as much as 20 percent over the past year, many investors are jittery about their futures. To the uninformed, it might sound like a bad time to be running a wealth management business. Diane...

Kathleen Murphy; CEO, ING US Wealth Management ING Group.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Michael Sisk For a little performance pressure, nothing beats having your business unit identified as a key global growth engine by your bosses during the worst financial crisis the banking industry has seen in a generation. That's...

#16. Iris Chan; EVP, Head of Commercial Banking Wells Fargo & Company.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Joseph Rosta You wouldn't know it by talking to the soft-spoken leader that she is, but Iris Chan, head of commercial banking at Wells Fargo, has turned cross-selling into an art. "Wells Fargo is very strong in middle market...

#17. Barbara Stymies; COO Royal Bank of Canada.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: John Engen Barbara Stymies had a busy summer. In July, the 14-handicapper partnered with professional golfer Fred Couples to win the Pro-Am at the RBE Canadian Open in Toronto. She also caught a six-pound salmon while fly-fishing...

#18. Deanna Oppenheimer; CEO, UK Retail Banking Barclays Bank.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Gary Larkin As the only female member of the Global Retail and Commercial Banking business leadership team at London-based Barclays Bank, Deanna Oppenheimer knows a little something about facing challenges on two continents. ...

#19. Beth Mooney; Vice Chair, Community Banking KeyCorp.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Gary Larkin Much in the industry is shrinking, but in two years at the helm of KeyCorp's new 8,800-person Community Banking unit, the word that describes Beth Mooney's tenure is growth. For 2008, Key Community Banking has had...

Scene and Heard.(Front and Center)(Quotation)
October 1, 2008... "I strongly endorse both the decision by FHFA Director Lockhart to place Fannie Mae and Freddie Mac into conservatorship and the actions taken by Treasury Secretary Paulson to ensure the financial soundness of those two companies." Ben S....

#20. Cynthia Smith; SVP and Director of BankCard Products and Services Zions Bancorporation.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Kerry Wills Cindy Smith is a master at keeping things plastic. As Zions Bancorporation's svp and director of BankCard Products and Services, Smith has inspired her division to triple revenues over the past three years while...

#21. Ellen Alemany; CEO RBS Americas/Citizens Financial Group.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Michael Sisk As any writer will tell you, a simple blank sheet of paper can be a daunting thing. Back in mid-2007, Ellen Alemany was handed her own blank sheet of paper, on quite a grand scale, when Royal Bank of Scotland hired her...

#22. Ranjana Clark; Senior EVP and Chief Marketing Officer Wachovia Corp.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: John Adams Wachovia's recent moribund financial performance has been called "disappointing and unacceptable" by its own chairman, Lanty L. Smith But thanks to a handful of shrewd initiatives by Ranjana Clark and her team,...

#23. Alberta Cefis; EVP & Group Head, Global Transaction Banking Scotiabank.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Dalia Fahmy It's a good thing Alberta Cefis likes to travel so much, because as Scotiabank's head of global transaction banking, she does a lot of it. The Toronto-based bank has offices in 50 countries, and Cefis' division...

#24. Jacque R. Fiegel; Evp & COO Coppermark Bank.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Gary Larkin As a 32-year veteran of Oklahoma City-based Coppermark Bank, Jacque Fiegel is proud of many of her bank's accomplishments over the past couple of years. But there's one figure that stands out: $1 billion in total...

#25. Lisa Binder; President and COO // Associated Banc-Corp.(The 25 Most Powerful Women In Banking 2008)(Occupation overview)
October 1, 2008... Byline: Dalia Fahmy Lisa Binder's first stretch on the job as president and COO hasn't been easy. Associated Banc-Corp, Wisconsin's second-largest bank, has been hit hard by the housing crisis. "When you look at our numbers, the area that...

1) Colleen Johnston.(The 25 Women To Watch - On The March)(Occupation overview)
October 1, 2008... Byline: Rebecca Sausner Two compelling threads comprise the 2008 story of TD Bank Financial Group and Colleen Johnston, its CFO: the $500 billion bank is one of very few North American institutions that didn't write down a single penny in...

2) Carol Nelson.(The 25 Women To Watch - On The March)(Occupation overview)
October 1, 2008... Byline: Mark Brown Slumping home values and a teetering economy may justify lower revenue projections for the banking industry, but Carol Nelson's work ethic, which she attributes in part to her Japanese-American heritage, has her once...

3) Avid Modjtabai.(The 25 Women To Watch - On The March)(Occupation overview)
October 1, 2008... Byline: Michael Dumiak The economy may be tanking, but demand is still driving hard in one regard: the relentless thirst for technology. American finance is one of the central proving grounds for this and, as CIO at one of the country's...

Retired Reinforcements: Banks Go Bad, Vets Go Back in the Breach.(Word Is...)(Gary Holloway of United States. Federal Deposit Insurance Corp.)
October 1, 2008... Byline: John Adams Before the credit storm hit, the waters were calm for Gary Holloway. "I was doing a lot golfing and boating on Lake Travis [near Austin]," says Holloway, who took an early buyout and retired from the FDIC in 2005. "But...

4) Elyse Weiner.(The 25 Women To Watch - On The March)(Occupation overview)
October 1, 2008... Byline: Mark Brown In the past 18 months liquidity concerns have gone from the bottom of most executive worry lists to the very top. "Sometimes it's all they want to talk about," says Elyse Weiner, Managing Director and Global Head of...

5) Maura Markus.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Joseph Rosta How has Citigroup's International Consumer Banking unit performed during the past 12 months of financial market turbulence? Revenues are up, assets have increased, and deposits have risen. The group has been "managing...

6) Lynn Pike.(The 25 Women To Watch - On The March)(president of Capital One Bank)(Brief article)
October 1, 2008... Byline: John Engen As president of Capital One Bank, Lynn Pike is grappling with the credit crunch like everyone else. But she also has a much more elemental question to address: can two recently acquired banks with wildly divergent...

7) Mary McDowell.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Michael Sisk Mary McDowell's experience running 10 marathons is the sort of endurance training that's well suited to today's credit crisis - which just seems to go on and on and on. She is president and CEO of CitiFinancial North...

8) Leslie Godridge.(The 25 Women To Watch - On The March)(Brief article)
October 1, 2008... Byline: Michael Sisk Not only has Leslie Godridge been taking her institution from a regional player to a national organization, opening offices in areas unfamiliar with the U.S. Bank brand, she has also deftly managed the conservative...

9) Lisa Banner.(The 25 Women To Watch - On The March)(Brief article)
October 1, 2008... Byline: Laura Tyson Li The word "positive" doesn't remotely begin to describe Lisa Banner's attitude toward life and work. "As contrived and unbusinesslike as it may sound, it starts with the heart," says Banner, explaining her management...

10) Carmen Jordan.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Laura Tyson Li Since Carmen Jordan founded Amegy Bank's energy lending division in 2002 she's been the Houston-based bank's top producer every year in both revenue and profitability, generating over $1.5 billion in new loans-and...

11) Diana Starcher.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Laura Tyson Li No one who ever set foot in Diana Starcher's office could possibly be left in any doubt as to her management style. Prominently displayed on the wall is her motto: "Aim low: boring. Aim high: soaring." As a...

12) Ellen Costello.(The 25 Women To Watch - On The March)(Harris Bankcorporation Inc.)
October 1, 2008... Byline: John Adams When other institutions reached far beyond their means during the mortgage-led boom, Harris Bank retained a moderate credit risk profile. And now Harris is the one in the driver's seat, making footprint-increasing...

13) Catherine Smith.(The 25 Women To Watch - On The March)(ING Groep N.V.)
October 1, 2008... Byline: John Adams When Catherine Smith took over ING's U.S. insurance operation two years ago-the unit was mired in a slump. Top-line growth was sluggish and profits had been flat for five years. Smith took a number of steps to fix...

Noted and Noteworthy.(Word Is...)(The Goldman Sachs Group Inc's bid for Pennsylvania Turnpike)(Citigroup Inc. and Abertis Infraestructuras S.A. to invest in roads)(State Bank of India's officers went on strike for opposing its merger with State Bank of Saurashtra )(Brief article)
October 1, 2008... It's been a bleak year on Wall Street for fees from M&A activity, but Goldman Sachs has still managed to win fees from a pair of deals involving the acquisition of at least two iconic American brands. The investment bank earned $40 million from...

14) Julie Monaco.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: John Adams Julie Monaco's been head of Citigroup's Global Transaction Services in North America for a little over a year and has already made a number of moves to tap underserved customers and spur healthy growth of her line of...

15) Katrina King.(The 25 Women To Watch - On The March)(Amegy Bank of Texas)
October 1, 2008... Byline: Laura Tyson Li During her nine years at Amegy Bank, Katrina King has earned a reputation for getting things done. Since becoming head of treasury management sales in 2005 she has taken the division from strength to strength,...

16) Lisa White.(The 25 Women To Watch - On The March)(Occupation overview)
October 1, 2008... Byline: Anthony Malakian Twenty-five years ago Lisa White graduated from the University of Georgia with a B.A. in journalism. Rather than take that degree into the profession of public relations, which was the original plan, she joined...

17) Anne Finucane.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Anthony Malakian Since Anne Finucane became the chief marketing officer at Bank of America two years ago, the institution has truly lived up to its name. With the acquisitions of U.S. Trust, Countrywide and LaSalle Bank-and of...

18) Cece Sutton.(The 25 Women To Watch - On The March)(Occupation overview)
October 1, 2008... Byline: Michael Dumiak When the markets are in tumult as they are now, when senior executives are consumed by the credit crisis, managing angry shareholders and explaining themselves to indignant politicians and regulators, it can be easy...

19) Karen Lee Hail.(The 25 Women To Watch - On The March)(MidSouth Bancorporation Inc.)
October 1, 2008... Byline: Mark Brown When Hurricane Gustav slammed into the Louisiana coastline on Labor Day weekend, MidSouth Bancorp was ready. Before the category two storm barreled out of the Gulf, MidSouth had to make sure its ATMs were sufficiently...

20) Cara Heiden.(The 25 Women To Watch - On The March)(Occupation overview)(Brief article)
October 1, 2008... Byline: Glen Fest Maybe it's something in the corn. Famed Iowan agronomist Norman Borlaug saved one billion people from starvation by developing high-yield wheat grains in the 1950s and a60s. The Van Buren twins out of Sioux City-Dear Abby...

21) Susan Horton.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Kerry Wills Susan Horton caught our attention six years ago when she turned around the struggling Wheatland Bank, rescuing it from sale and turning it into a strong regional player in Washington State. During her tenure, assets...

22) Donna DeMaio.(The 25 Women To Watch - On The March)(MetLife Bank N.A.)(Occupation overview)(Brief article)
October 1, 2008... Byline: Mark Brown Donna DeMaio is making the right moves at the right time. With two acquisitions this year, her timing and execution appear to be flawless, which isn't surprising for an ambitious and technically savvy former CPA who...

23) Lori Chillingworth.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Rebecca Sausner When approached by executive management about a promotion last spring, Zions Bank svp Lori Chillingworth was excited by the prospect of taking on new responsibility for business banking, fresh off a project in which...

DoJ's Open Season on Subprime; A relatively minor bankruptcy case in Pennsylvania might have closed the book on some subprime suits, if the feds now weren't supremely interested in Countrywide's dealings.(The Inside Track: Policy, Players and Politics)(Department of Justice)(Countrywide Financial Corp.)
October 1, 2008... Byline: John Adams When a market collapses, the fallout typically includes very public investigations into financial misdeeds that flew under the radar while everyone was profitable and happy. In the case of the subprime implosion,...

24) Mary Tuuk.(The 25 Women To Watch - On The March)(Fifth Third Bancorp.)
October 1, 2008... Byline: Glen Fest As a professional vocalist in her spare time, Mary Tuuk knows sopranos are only part of the production. So it is in banking, where product lines and lending activity can't work in a vacuum. That's why Tuuk, the chief...

25) Deloris Sims.(The 25 Women To Watch - On The March)
October 1, 2008... Byline: Kerry Wills Deloris Sims started her banking career as a part-time teller for Firstar Bank in central Milwaukee, where she had lived since the age of five. Over 28 years, she rose up the ranks to become a vice president and a...

1. Nicole Arnaboldi; Vice chairman, Alternative Investments Credit Suisse.(The Top 25 NonBank Women in Finance - Defying the Downturn)(Donaldson, Lufkin and Jenrette Inc.)
October 1, 2008... Byline: Mark Brown As a woman entering the investment banking world at Donaldson, Lufkin & Jenrette in the mid-1980s, Nicole Arnaboldi was something of an anomaly. Twin that career starter with her transition to private equity only a few...

2. Clara Furse; CEO // London Stock Exchange.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak If you were fooled by Cool Britannia, don't be: there may still be no greater citadel spun from class consciousness and old-boy networking than the City of London. For Clara Furse to have navigated this maze and take...

Stacy Bash-Polley; Partner and Managing Director Co-Head, Fixed Income Sales in the Americas Goldman Sachs.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Dalia Fahmy Considering how most of Wall Street is limping along these days, Goldman Sachs looks pretty healthy. The investment bank is one of the few that's so far escaped the credit crunch relatively unscathed, partly because...

4. Abigail Johnson; President, Personal & Workplace Investing Fidelity.(The Top 25 NonBank Women in Finance - Defying the Downturn)(Fidelity Investments )
October 1, 2008... Byline: Michael Dumiak With the financial world long obsessing over "will she or won't she"-succeed her 77-year-old father as CEO of $1.5 trillion Fidelity, that is-it's easy to forget Abigail Johnson's accomplishments and what she brings...

5. Clare Scherrer; Partner and Managing Director Goldman Sachs.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Rebecca Sausner About the time Toyota introduced its hybrid Prius in the United States, and a good four years before "An Inconvenient Truth" debuted at the Sundance Film Festival, Goldman Sachs investment banker Clare Scherrer got...

6. Maliz Beams; EVP, Individual & Institutional Client Services TIAA-CREF.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Sisk Few companies would seem more perfectly positioned to benefit from the 78 million wave of Baby Boomers retiring in the coming decades than TIAA-CREF, which, since established by Andrew Carnegie in 1918 as the Teachers...

7. Anne Stausboll; Interim Chief Investment Officer CalPERS.(The Top 25 NonBank Women in Finance - Defying the Downturn)(California. Public Employees' Retirement System)
October 1, 2008... Byline: Michael Dumiak The Terminator is not the only larger-than-life force striding the streets of Sacramento. The golden state capital's also home to the mighty California state employees' pension fund-CalPERS-and the hand that guides...

Text, Set, Match; Chase is using the US Open tennis tournament to draw attention to mobile banking via an SMS text marketing campaign; text-based marketing of bank products could be next.(Marketing)(JPMorgan Chase and Co.)
October 1, 2008... Byline: John Adams The battle to win over the hearts and minds of consumers to mobile banking is like conquering the courts at Flushing Meadows-requiring fast returns, nimble mechanics and early anticipation of what strategy is needed for...

8. Wei Sun; Christianson CEO Morgan Stanley China.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak Last fall Wei Sun Christianson, Morgan Stanley's point executive in Beijing, was named to the firm's management committee. Two months later, Morgan sold a $5 billion stake in itself to China's state-owned China...

9. Joyce Phillips; President & COO American Life insurance Company.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Laura Tyson Li In college, Joyce Phillips was a fine arts major and aspired to become an architect. Instead she earned a masters degree in business administration and went into banking. It may come as a surprise, then, to learn...

10. Renu Sud Karnard; Joint managing director Housing Development Finance Corporation Ltd., India.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak It would be clichA[c] to say her philosophy springs from the East, but Renu Sud Karnad does offer a piece of advice to those coping with the current American mortgage crisis: accept the chaos. It is, after all, what...

11. Marjorie Magner; Founder and Managing Partner Brysam Global Partners.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Rebecca Sausner The economic and credit conditions of the past year have brought dramatic changes to Marge Magner's private equity business at Brysam Global Partners, but not in the ways you might think. When Magner, who headed...

12. Candace Browning; SVP and President, Global Research Merrill Lynch.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak The market may have suspected it would happen, but the move was still bold enough. Merrill's hard downgrade of Countrywide stock on August 15, 2007, even as the Calabasas, CA home lender was arranging $11.5 billion...

13. Carla Brooks; Managing Director and Deputy Portfolio Manager Commerce Street Capital.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Dalia Fahmy Carla Brooks is doing something entirely new and yet she's following in her grandfather's footsteps. Brooks, who helps runs a $150 million private equity portfolio of community banks at Commerce Street Capital, is...

14. Renuka Ramnath; Managing director and CEO ICICI Venture Funds.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Rebecca Sausner CNBC called Renuka Ramnath the mother of private equity in India, and as managing director and CEO of ICICI Venture Funds, one of India's largest PE firms, they weren't far off. Ramnath took over the fund in 2001...

15. Margaret Keane; President and CEO GE Money Retail Consumer Finance.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Joseph Rosta When strains in consumer credit started showing up earlier this year, GE Money's Retail Consumer Finance unit was prepared, not surprised. "We're in the private-label card business," explains Margaret Keane, president...

16. Barbara Goodstein; EVP Marketing, Chief Innovation Officer & Chief Marketing Officer AXA-Equitable.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Dalia Fahmy Have you seen the ad with the gorilla giving financial advice to the guy in the sauna? Well, Barbara Goodstein has news for you. "I'm the mother of the gorilla!" Goodstein says with a laugh. And she's not entirely...

17. Elaine Crocker; President Moore Capital Management.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Sisk Moore Capital Management runs global macro funds that are defying the downturn, thanks in part to its absence from the mortgage realm. In the last 12 months assets under management have grown 33 percent, to $20 billion...

The Calm Amid the Storm; It's easy to lead in good times, but it's during times of crisis that true leadership shows itself. Good times these aren't. But if a crisis is "an opportunity riding the dangerous wind," as the Chinese proverb holds, then those profiled in the sixth-annual ranking of The 25 Most Powerful Women in Banking have achieved much - market conditions be damned - with barely a trace of windburn.(The 25 Most Powerful Women In Banking 2008)
October 1, 2008... Byline: Holly Sraee In its earliest days in the summer of 2007, it was labeled a "crunch," shortly followed by "storm." As credit conditions worsened into the fall, financial industry players and some observers were quick to reassure...

18. Lisa Weber; President, Individual Business MetLife, Inc.(The Top 25 NonBank Women in Finance - Defying the Downturn)(Metropolitan Life Insurance Co.)
October 1, 2008... Byline: Anthony Malakian Lisa Weber is an avid fan of reading children's books that teach life lessons. The latest was Gideon's Dream: A Tale of New Beginnings, a children's book that has an Aesop feel to it. MetLife's president of...

19. Anne Dias Griffin; Founder & Managing Partner Aragon Global Management.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak It seems whenever Anne Dias Griffin is mentioned in print-which isn't often, as she's somewhat reclusive-it's as part of a Chicago power couple or as a big patron of an art museum. But if you read what she herself...

20. Karen Finerman; Co-founder and CEO // Metropolitan Capital Advisors.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Sisk In 1992, while still in her late 20s, Karen Finerman co-founded hedge fund outfit Metropolitan Capital Advisors. And this was after she'd already punched the clock as lead research analyst for the risk arbitrage...

21. Christine Reilly; President CIT Small Business Lending Corp.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Anthony Malakian While market conditions are decimating CIT Group as a whole, Christine Reilly, head of CIT's Small Business Lending Corporation, soldiers on, finding some upside in recent results. To start, the SBL group has been...

22. Susan Shaffer Solovay; CEO // Pomegranate Capital.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak One approach to succeeding in a networked world is to build your own network. With a database of 350 women hedge fund managers who run $60 billion all told, that's exactly what Susan Shaffer Solovay has done. ...

#23. Eileen Murray; President Duff Capital Advisors.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Michael Dumiak Talk about lifestyle change. Eileen Murray went from managing 14,000 people and running global operations and technology for Morgan Stanley to a startup investment advisor in Greenwich. But for Murray, it's much more...

#24. Joan Kelly; Group Executive, Systems Delivery, MasterCard Global Technology & Operations MasterCard Worldwide.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Glen Fest Prior to 2001, MasterCard had an aging, patchwork network. It lacked real-time transaction settlement and lagged in areas supporting merchant promotion and marketing. Seven years and $160 million later, MasterCard is a...

#25. Diane Offereins; EVP and CTO Discover Financial Services.(The Top 25 NonBank Women in Finance - Defying the Downturn)
October 1, 2008... Byline: Rebecca Sausner It's a rare event to take a financial services company public these days-and even more so to create, from scratch, a new corporate governance structure for a mature and profitable company. But that's what Discover...