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Wall Street's women problem

Women at the biggest US investment banks see few opportunities to advance and none has been made CEO

Published Sun, Jun 28, 2015 · 09:50 PM

New York

THE first woman to run a Wall Street firm could be a behavioural 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 within striking distance of the CEO suite.

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