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Home»Explore industries/sectors»Banking»Banking’s most powerful woman: Why Jane Fraser succeeded while Marianne Lake failed
Banking

Banking’s most powerful woman: Why Jane Fraser succeeded while Marianne Lake failed

By IslaJuly 3, 20262 Mins Read
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We’ve launched a new weekly video series to accompany Morning Coffee, in which we look at one story in more depth to give you the full picture.

There are plenty of high ranking women on Wall Street, in executive role or earning tens of millions of dollars per year. Only one, so far, has ascended to the rank of CEO: Jane Fraser of Citi.

As Jamie Dimon’s time atop JPMorgan comes close to its end, various people, including multiple women, have been linked to replace him. One of the most likely candidates was Marianne Lake, but she recently left JPMorgan in unceremonious fashion. 

What did she do differently to Fraser? Find out by watching the video below.

Have a confidential story, tip, or comment you’d like to share? Contact: WhatsApp: http://wa.me/442079977910 (+44 20 7997 7910), Telegram: @AlexMcMurray, Signal: @AlexMcMurrayEFC.88 Click here to fill in our anonymous form, or email editortips@efinancialcareers.com.

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