Mary Mack, CEO of consumer and small business banking (CSBB) for Wells Fargo, provided details on the structure of her organization, including the leaders of the team.
With COVID-19 cases surging and a new wave of restrictions looming, challenges persist for small business owners as they continue to weather the pandemic, according to data from the Q4 Wells Fargo/Gallup Small Business Index.
The overall score of the Q3/20 Wells Fargo/Gallup Small Business Index rose 12 points from last quarter’s historic low-water mark. However, the overall positive movement in sentiment was contrasted by the third successive quarterly decline in optimism about current business conditions.
Financial services executive Steve Troutner joined Wells Fargo as Western region bank executive. Troutner will be based in Los Angeles and report to Head of Consumer Banking Mary Mack.