Skip to content
Subscriber Only
Markets
Markets Magazine

Why Wall Street’s Women Are Stuck in the Middle

Banks say all the right things about promoting women, but the numbers tell a different story.
relates to Why Wall Street’s Women Are Stuck in the Middle
Photographer: Adam Voorhes/Bloomberg Markets
From

The first woman to run a Wall Street firm could be a behavioral scientist, a mathematician, or an engineer.

Three women with these backgrounds—Karen Peetz, president of Bank of New York Mellon; Mary Callahan Erdoes, chief of asset management at JPMorgan Chase; and Avid Modjtabai, head of consumer lending at Wells Fargo—are all currently within striking distance of the CEO suite.