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GO BANANAS: Smile's Bob Head celebrates 500,000 account holders

After reading their bank statements, many consumers may need a stiff drink. Perhaps with that in mind, Smile, a British online bank owned by the Co-operative Bank, has launched drinks2u, a home delivery service of alcohol, supplied by Co-op supermarkets. But Smile's management also has reason to hoist a few — in celebration. In April the Internet bank signed up its 500,000th account holder, and it continues to add clients at a rate of about 20,000 a month. "We are on target," says ceo Bob Head, who adds that his goal — though a very long-term one — is to "wipe...

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