A Baltimore teacher, who is White, said that Wells Fargo rejected her bank card designed with the words "Black Lives Matter" and an image of a raised fist. She added that a customer service rep said the company didn't want to be associated with any "antisocial and offensive" organizations.
Rachel Nash, who is white, created the bank card art as a means of expressing her disgust with the death of Freddie Gray and her endearment for BLM.
Last week, Wells Fargo Bank agreed to pay $185 million in fines and refund customers some $2.5 million. Why? Mellody: It’s pretty straightforward. Some employees at Wells Fargo were caught illegally signing customers up for products – credit cards, deposit accounts, other items – that they had not requested. According to Wells Fargo, the […]
There are over 2 million Black-owned businesses in America. Many of these entities serve as the backbone of their neighborhoods by supplying jobs and services to the community. In a new initiative sponsored by Wells Fargo, compassionate small businesses are being celebrated for giving back to their communities. DigiDoc, a Washington, D.C. based company, is being highlighted […]
Whether it was family legacy or the story of a bunch of eclectic kids from Hillman that influenced you to attend a Historically Black College…
WASHINGTON — The Department of Justice will sue Wells Fargo bank for preying on African American borrowers and giving them high cost sub prime loans. The Huffington Post reports: In an April 5 report to Congress, Perez’s unit said that some of these investigations would lead to lawsuits or settlements this year. “We’re a majority […]
The city of Baltimore is suing Wells Fargo for racist lending practices according to StockBriefing.com. The company said in a statement that Baltimore has claimed racist, predatory lending practices at Wells Fargo (NYSE:WFC) which they say has led to increased foreclosures for a certain demographic. Read The Whole Story RELATED STORIES Wells Fargo Accepting Applications […]