The Power 100 | The 100 Most Powerful People in Finance

Bankers fighting regulators. Hedge fund leaders taking on thought leaders. Heads of state squaring off against other heads of state. Welcome to WORTH'S annual list of the 100 most powerful people in finance.

 

Portrait illustrations by Neil Stevens.
  • Rank

  • Name

  • Path to Power | Power Play

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    01

  • Preet Bharara

    United States Attorney for the Southern District of New York

  • Bharara's investigations of insider trading at the hedge funds Galleon and SAC Capital resulted in multiple convictions and a shaken...
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01

Preet Bharara

United States Attorney for the Southern District of New York

Power Play: Bharara's investigations of insider trading at the hedge funds Galleon and SAC Capital resulted in multiple convictions and a shaken industry. He has helped win billions of dollars in settlements from banks such as Deutsche Bank, Citigroup and Bank of America. Bharara’s record isn’t perfect—critics point out that he’s been unable to prosecute, much less convict, any individual connected to the precrisis mortgage frauds. But without question, Bharara has effectively and skill- fully wielded the power of his office to address widespread financial crime. After five years in office, has he succeeded in changing the culture of Wall Street over the long term? The jury’s still out. But it’s hard to think of anyone who has tried harder or done more to save the financial industry from its own worst instincts.

Path to Power: Preetinder Singh Bharara came to the U.S. with his parents from India when he was just 2. He attended Harvard and Columbia Law. After working in private practice, Bharara became an assistant U.S. district attorney under DA Mary Jo White, then served as legal counsel for New York senator Chuck Schumer. Bharara was nominated to his current position by President Obama in May 2009. Read Main Article

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    02

  • Janet Yellen

    Chair, Federal Reserve

  • In her first 12 months on the job, Yellen has favored a slow-and-steady course that includes keeping interest rates near zero for the...
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    03

  • Barack H. Obama

    President of the United States

  • As global stability disintegrates while Obama golfs, a recovering economy, booming stock market and the successes of Obamacare haven't...
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    04

  • Xi Jinping

    President of the People's Republic of China

  • Xi has been working to purge China of its endemic official corruption, and so far has purged about 40 high-ranking officials (vice...
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    05

  • Angela Merkel

    Chancellor of Germany

  • Merkel’s Germany has borne the brunt of the eurozone’s recovery since 2009, but the largest European economy is feeling the same...
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    06

  • Mario Draghi

    President, European Central Bank

  • Growthinthe eurozone has been uneven and stagnant in 2014, thanks largely to unrest and violence in both Ukraine and the Middle East....
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    07

  • David Cameron

    Prime Minister of the United Kingdom

  • Cameron,along with new BoE head Mark Carney, have guided the UK to a position of relative strength in an otherwise bleak European...
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    08

  • Eric H. Holder Jr.

    Attorney General of the United States

  • In this year’s battle of Holder versus the big banks, the DOJ head came out on top. In addition to securing multibillion dollar...
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    09

  • James Gorman

    Chairman and CEO, Morgan Stanley

  • Post-crisis, Gorman has transformed Morgan Stanley to be less dependent on volatile trading revenues. Instead, he has beefed up Morgan...
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09

James Gorman

Chairman and CEO, Morgan Stanley

Power Play: Post-crisis, Gorman has transformed Morgan Stanley to be less dependent on volatile trading revenues. Instead, he has beefed up Morgan Stanley’s wealth management arm, which now accounts for nearly half the bank’s total revenues, and its underwriting business, making Morgan Stanley the “most sought-after underwriter of tech IPOs,” according to the New York Times. Morgan Stanley has largely avoided the costly legal troubles affect- ing its peers and achieved a second-quarter profit increase of 131 percent while Citigroup, JPMorgan and BofA all posted losses.

Path to Power: Gorman, a native of Australia, worked there as a lawyer before moving to New York to earn a Columbia MBA. He spent a decade at McKinsey before transitioning to Wall Street in 1999 as CMO at Merrill Lynch. In 2006, he joined Morgan Stanley; starting in 2009, he led the successful merger of Morgan Stanley and Smith Barney’s wealth management businesses. Gorman became CEO in 2010 and chairman in 2012.

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    10

  • John G. Roberts Jr.

    Chief Justice of the United States

  • In April 2013, a study in the Minnesota Law Review found the Roberts court to be the most pro-business of any since World War II,...
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