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Ally Financial in Detroit announced its second big management change in less than two months.
March 19 -
Ally Bank has worked to capitalize on what other banks were doing wrong in retail ever since it launched. Now its newly departed CEO offers some advice to her fellow bankers on how they can do better.
June 25 -
Thursday night's celebration of American Banker's Most Powerful Women in Banking turned into a call for action for companies to build a pipeline of female leaders. "If we stick to the current rate of turnover, it's going to take 75 years to reach parity," said outgoing HSBC USA chief Irene Dorner.
October 10 - WIB PH
Barbara Yastine has helped take Ally Bank from its origins as the troubled GMAC Bank to a rapidly growing and profitable online banking franchise.
September 22
Lebenthal Holdings, the family-owned wealth management firm run by Alexandra Lebenthal, has hired former Ally Bank chief Barbara Yastine to be co-chief executive.
Yastine was chairwoman, CEO and president of the $107 billion-asset Ally Bank before she
"I am thrilled to be joining Lebenthal, a firm that combines the tradition of a 90-year-old financial institution with the excitement of a growth company," Yastine said in a news release.
Yastine joined Ally in 2010 as chief administrative officer. Her financial services career began at Primerica, in various positions in consumer, corporate and investment banking. She was also chief financial officer of Credit Suisse First Boston from 2002 to 2004.
She was in American Banker's Most Powerful Women in Banking rankings in
Alexandra Lebenthal will remain chief executive of the holding company, alongside Yastine, and its broker-dealer. Lebenthal will also become CEO of its wealth management unit.
