Yahoo Finance

In 2016, Wells Fargo gave Mack a critical task: fixing its scandal-plagued community banking division. With that mission still a work in progress, CEO Timothy Sloan handed her yet another troubled segment in December: consumer lending, which had just been hit by fines for unfair loan charges. But while management seems to trust Mack’s ability to lead a turnaround, Wells Fargo’s reputation remains on the ropes, with investors wondering whether the bank will ever manage to clean up the mess.