In 1988, when Andrea Smith applied for her first job in the banking industry, her interviewer asked if she had ever been a model. Then he asked if she had a boyfriend, because, Smith recalls, "his son was looking for a girlfriend" and her interviewer thought she might be a good candidate.

Asking such questions would be unthinkable today at Bank of America, where Smith is global head of Human Resources and a member of the company's executive management team. BofA routinely ranks among Working Mother's 100 Best Companies for Women and Best Companies for Women's Advancement.

More than half of its nearly 250,000 employees are women, nearly half (49%) of its managers are women, and, most strikingly, six out of its 15-member executive management team are women, the highest proportion among the 10 biggest financial institutions in the United States.

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