Most Powerful Women in Finance 2023

At the Most Powerful Women in Banking conference, asset management leader Jenny Johnson discussed opportunities and risks for portfolio managers in 2023.

Mary Callahan Erdoes, CEO of asset and wealth management at the megabank, says recent advancements in remote connectivity will lead to a "much better Wall Street than many of us grew up in." She urges women not to let newfound flexibility go away.

Our annual list of The Most Powerful Women in Finance.

Erdoes' team finished the second quarter with $4.6 trillion in total client assets and $3.2 trillion in assets under management. Year-on-year, those figures were up 20% and 16%, respectively.

McShane has successfully navigated record-high inflation and the threat of a recession to seamlessly integrate Wells Fargo's CRE platform across all lending and capital markets products and services. 

Aiyengar manages a team of over 250 M&A bankers in 17 countries across the globe. She has been with JPMorgan since 1999.

In addition to her work as global head of Citigroup's Citi Private Bank, Liu also co-leads the bank's Asian affinity network.

 Katz has more than three decades of banking experience and has confidently completed a series of deals in financial markets where other bankers were skittish about the financial impact of inflation and interest rate hikes.

Based in New York, Marrs reports to American Express Chairman and CEO Stephen Squeri and oversees 6,250 employees.

As CEO, she leads the efforts of seven specialist investment firms. Together, these companies offer investment solutions across every major asset class.