Meet the Trillion Dollar Black Woman of Wall Street
When most people think of Wall Street titans, they think of rich, white men who garner very little interest from our young people. This may be true, but it isn’t completely accurate because swimming with the sharks is a Queen our young people should know about.
Last year, Suzanne Shank became one of, if not the first, black woman to head a publicly traded financial services institution. Shank was promoted to CEO of Siebert Financial Corporation (a broker/deal institutional investment bank founded by Muriel Seibert). A monumental feat indeed, but no where near defines the career and future of this extraordinary woman.
As you can imagine, Shank’s resume is power packed, impressive and mind blowing to say the least.
Shank was a Wharton MBA graduate in finance, class of 1987, civil engineering degree from Georgia Institute of Technology, President, Municipal bond trader, CEO of Siebert Brandford Shank & Co, LLC, the largest minority-owned municipal finance firm in the United States.
Since the start of her firm, they have acted as managing underwriter for municipal bond transactions exceeding a whopping $1.2 trillion dollars and ranks among the top 10 in seven key infrastructure categories for underwriting municipal bonds in the world.
This powerful, black woman is one to remember as her trailblazing ways will continue to inspire, develop, nurture and create more and more great minds in our community.
We have to understand as a community, not everyone is going to fight the same fights…or fight in a manner we think they should. I don’t know how this woman gives back to the community, but that is her business. Here we are highlighting her because we believe her drive, success and background might resonate and encourage some of our young people to get off their backsides and put in work!
PUBLIC NOTE: The opinions expressed in this article are the author's own and do not reflect the view of the Urban Intellectuals, affiliates or partners.