Carrie Tolstedt, Wells Fargo & Co.'s senior executive vice president for community banking, has been awarded the No. 1 spot this year on U.S. Banker magazine's list of the 25 Most Powerful Women in Banking.

"She is one of the most important people at that company," said Alan Kline, the editor of U.S. Banker (which, like American Banker, is published by SourceMedia Inc.).

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