The chapter explores the issue of unbanked and underbanked households in the US, particularly focusing on the challenges faced by black and Hispanic households. It discusses the efforts made by Wells Fargo and Mocha Fi to serve diverse business owners and highlights the need for an economic justice agenda. The chapter also discusses the partnership between Mocha Fi and Wells Fargo, their collaborative efforts, and the sustainable business model they aim to achieve.
Kristy Fercho, Head of Diverse Segments, Representation and Inclusion at Wells Fargo and T.D. Jakes, Chairman of the T.D. Jakes Group, discuss the goals on building inclusive communities, disruptive thinking and investment banking. Ruth Jacks, Head of Diverse Segments for Commercial Banking at Wells Fargo and Wole Coaxum, Founder & CEO of Mobility Capital Finance, talk about embracing technology and innovation as strategic business imperatives. Jon Weiss, CEO of Wells Fargo Corporate & Investment Banking and Danielle Squires, Head of Diverse Segments for CIB, discuss expectations of the Wells Fargo 2023 Black Business Leaders Summit. Nicole Elam, President & CEO of National Bankers Association and Todd McDonald, President of Liberty Bank, talk about Minority Depository Institutions: Capitalizing on Evolving Market Opportunities. Mark Romig, Senior Vice President and Chief Marketing Officer at New Orleans & Company, shares his thoughts on visiting the Big Easy. George Young, Partner and Portfolio Manager at Villere and Co, breaks down the markets and investing.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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