Billie Jean King named strategic adviser on gender equality for First Women’s Bank

Tennis legend and fierce women’s rights activist Billie Jean King joined a new team this week, becoming an investor and adviser for a new Chicago-based bank hoping to close the gender gap in access to capital.

SHARE Billie Jean King named strategic adviser on gender equality for First Women’s Bank
BBC Sports Personality Of The Year 2018 - Red Carpet Arrivals

Bill Jean King was named a strategic advisor on gender equality for First Women’s Bank, the financial institution announced Wednesday.

Jeff Spicer/Getty Images

Tennis legend and fierce women’s rights activist Billie Jean King joined a new team this week, becoming an investor and adviser for a new Chicago-based bank hoping to close the gender gap in access to capital.

King was named a strategic adviser on gender equality for First Women’s Bank, the financial institution announced Wednesday.

“A critical step toward achieving gender equality is creating economic parity and financial inclusion, which requires closing the racial and gender gaps in access to capital,” King said in a statement. “I look forward to joining First Women’s Bank as we work to bridge those gaps and empower women from all walks of life to reach their full potential.”

First Women’s Bank, which is set to launch this summer, is an innovative women-owned, led and focused online bank that aims to provide more financial resources to female business owners, who often get passed over for conventional business loans.

The bank’s market research found 16% of all conventional business loans go to women-owned businesses.

“We are thrilled and honored to welcomeBillie Jeanto First Women’s Bank,” the bank’s president and CEO Marianne Markowitz said in a statement. “She is a legendary sports icon, an accomplished business woman and a devoted advocate for equality. Billie Jean’ssupport both as an investor and adviser will help us fulfill our mission to grow the economy and advance the role of women within it.”

The Latest
Twelve of the wounded were shot in three attacks on the West and South sides: Four people in West Garfield Park Friday evening, five men in Parkway Gardens on the South Side early Monday, and three people in Woodlawn early Tuesday.
I just wanted to go to this parade and enjoy the day. And then the shooting started.
The child was in the backyard of his home in the 4300 block of West Crystal Street when he was hit around 10:10 p.m., according to Chicago police.
Naive predictions for all 32 picks to be made during the first round Thursday, plus the Blackhawks’ top pick of 38th overall.
The accused’s father and grandparents believe he should be handling the predicament on his own instead of letting his mother take charge.