by Pamela Weinsaft (New York City)
“Nothing is impossible – there is always a solution,” advised Alice Wang, Managing Director of Global Credit Markets when interviewed by The Glass Hammer. In 23 years with J.P. Morgan, Ms. Wang has seen the company and the industry change dramatically.
She started her career in investment banking after a stint as a CPA with responsibilities that included auditing banks, government entities and non-profits. “When I joined J.P. Morgan, it was still thought of as The Morgan Guaranty Trust Company–the bank–not J.P. Morgan, the investment bank that we think of today. I was offered a role as an internal consultant, which at the time felt like a good fit, as problem solving was and continues to be very appealing to me.”
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25 Women to Watch in Banking and Finance
Movers and ShakersWe love it when companies on the Fortune 1000 are recognized for having women at the top! The October issue of U.S. Banker, profiles the 25 Women to Watch, a ranking that honors women whose leadership continues to shape the financial services industry.
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The Week in Review: The House Bails on the Bailout But the Senate Revives the Rescue
NewsLabeled the ‘Hail Mary’ of bills, Congress’ revised $700 billion bailout plan was expected to be passed by the House of Representatives on Monday. Yet, despite all expectations, the House rejected the plan by a vote of 228 to 205—a mere 13 vote margin. Investors had been relying on the proposed bill to buoy the sagging markets; however, with the House’s repudiation of the bill, the Dow Jones Industrial plummeted, dropping more than 700 points, while the Standard & Poor’s 500-stock index fell by more than 8%, making Monday the worst single day in trading history for the United States in at least twenty years.
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The Nice Niche–A Trap or an Opportunity?
Office PoliticsThere seems to be at once an unwritten expectation that women will be “nicer” (whatever your definition of that word is) than men, and that if they’re not, they’re considered impossible to work with. What does it mean for women to be condemned (or elevated) to the “nice niche”– the place where women in corporate America often find themselves stuck?
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Ask-A-Recruiter: How do you manage multiple searches?
Ask A RecruiterI cast a wide net in my job search and interviewed with some companies that I am not that interested in just to practice and get out there. Well, I am far along in the process with some of these and just beginning with my first choice companies. I am afraid that an offer will come along that I don’t really want. At the same time, in this market I am afraid to turn down a sure thing with just the hope of something better. What can I do to buy time?
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Facebook Friends: Should You Add your Workmates?
Work-LifeSocial networking is big business: Facebook, Bebo, MySpace, Twitter, Viadeo – there are plenty of sites waiting for you to upload your photos and tell all about your escapades on a Friday night. But how do you separate work life from personal life, especially when you do socialise with work colleagues as friends? It is possible, and if you don’t pay attention to what you say online, you could find it career-limiting.
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Coming Full Circle at PricewaterhouseCoopers
Featured, Work-LifeAccording to the groundbreaking 2005 article, Off Ramps and On Ramps: Keeping Talented Women on the Road to Success, authored by Sylvia Ann Hewlett of the Center for Work-Life Policy, nearly four in ten highly qualified women report that they have left work voluntarily at some point in their careers. Among women who have children, that statistic rises to 43%.
“What we found most compelling [from the Sylvia Ann Hewlett data] was that 90% of the women leaving for personal reasons, such as to raise a family, intended to come back,” said Jennifer Allyn, Managing Director of Gender Retention & Advancement at PricewaterhouseCoopers LLP (PwC).
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Tentative Deal on Financial Bailout Package
NewsOver the weekend, both Democratic and Republican members of Congress worked in overdrive to try to hammer out the details of the $700 billion bailout plan for America’s beleaguered financial institutions. Late on Sunday night, lawmakers in both Houses and the White House reached a deal.
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Voices of Experience: Alice Wang, Managing Director, Global Credit Markets, J.P. Morgan
Voices of Experienceby Pamela Weinsaft (New York City)
“Nothing is impossible – there is always a solution,” advised Alice Wang, Managing Director of Global Credit Markets when interviewed by The Glass Hammer. In 23 years with J.P. Morgan, Ms. Wang has seen the company and the industry change dramatically.
She started her career in investment banking after a stint as a CPA with responsibilities that included auditing banks, government entities and non-profits. “When I joined J.P. Morgan, it was still thought of as The Morgan Guaranty Trust Company–the bank–not J.P. Morgan, the investment bank that we think of today. I was offered a role as an internal consultant, which at the time felt like a good fit, as problem solving was and continues to be very appealing to me.”
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Intrepid Women: Ice Dreams
Intrepid Women SeriesWalking pneumonia would not keep Christin Walth from attending her business meeting. She was Microsoft’s representative to the Bluetooth team, and she could and would pull her weight for that lineup of seven industry leaders now that she wasn’t contagious. The conference had started two days before, and she knew at the backend she’d have to go directly to Israel to outfit those border guards, but she wasn’t about to miss this first meeting—at the Ice Hotel.
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When Women Move Forward, the World Moves With Them
Women and PhilanthropyThis is the philosophy of the Centre for Development and Population Activities (CEDPA), an international organization working to improve the lives of women and girls in developing countries. Now in its thirtieth year, CEDPA’s Global Women in Management Program cultivates the executive skills of professional, mid-career women in developing countries who work in non-governmental, community and faith-based organizations. Alumnae reinvest the skills they learn in workshops through health services, educational programs, advocating policy reform, and demonstrating national leadership.
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