Retail Bank news and trends

Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
Personnel // December 20, 2017

Wells Fargo has announced that Mary Mack will lead its consumer lending unit. According to The Wall Street Journal, this new role will be in addition to Mack’s current role overseeing the retail bank. She replaces Franklin Codel, who was fired in November for critical...

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Monzo Aims for £4 Billion Valuation as Biggest Challenger Bank in UK

February 20, 2024
Monzo, the British FinTech unicorn, is aiming for a £4 billion valuation in its latest funding round. The digital bank, which currently has over nine million U.K. personal current account customers, is in discussions with investors to raise fresh funds, according to The Financial Times. Top investors such as Index and General Catalyst are said […]

Wells Fargo Taps Mary Mack To Fix Consumer Lending Business

December 20, 2017
Wells Fargo has announced that Mary Mack will lead its consumer lending unit. According to The Wall Street Journal, this new role will be in addition to Mack’s current role...