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Wells Fargo

March 2024

  • A worker spreads out meat at a JBS plant.

    Banks driving increase in global meat and dairy production, report finds

  • Extinction Rebellion demonstPeople in New York march with a sign saying 'Stop funding climate death' with Citi, TD, Wells Fargo. Bank of America, and Chase logos on it. in NYC<br>NEW YORK, USA - MAY 07: Extinction Rebellion demonstrators gathered in front of the Bank of America Tower and spilled black paint to protest chain banks in New York City, United States on May 07, 2021. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images)

    US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups

December 2023

  • person walking out of a wells fargo bank

    ‘We’re not backing down’: Wells Fargo workers push to grow union campaign

    Four branches of the bank in New Mexico, Alaska, California and Florida have filed for union elections since November

November 2023

  • wells fargo logo in a window

    Wells Fargo workers at two US branches of bank launch efforts to unionize

    Employees in Albuquerque, New Mexico, and Bethel, Alaska, make rare move to organize staff in financial industry

June 2023

  • collage shows target's pride display, a group of people smiling, the LA dodgers logo in rainbow at the ballpark, and a bud light truck with rainbow pennants on it

    Parades but no public posts: which brands are supporting Pride in the wake of backlash?

  • Abortion rights protesters are removed after becoming vocal, Tuesday, May 16, 2023, in Raleigh, N.C., after North Carolina House members voted to override Democratic Gov. Roy Cooper's veto of a bill that would change the state's ban on nearly all abortions from those after 20 weeks of pregnancy to those after 12 weeks of pregnancy. Both the Senate and House had to complete successful override votes for the measure to be enacted into law. The Senate voted to override the veto earlier, and the House also voted to override. (AP Photo/Chris Seward)

    Amazon and Google fund anti-abortion lawmakers through complex shell game

March 2023

  • Activists hold likenesses of bank CEO's during a "Stop Dirty Banks," rally and protest, Tuesday, March 21, 2023, in Washington.(AP Photo/Alex Brandon)

    Older Americans protest against ‘dirty banks’ funding oil and gas projects

    Protesters cut up credit cards and march to Washington branches of JPMorgan Chase, Citibank, Bank of America and Wells Fargo

December 2022

  • In addition to improperly charging its auto loan customers with fees and interest, in some cases the bank wrongfully repossessed borrowers’ vehicles.

    Wells Fargo agrees to pay $3.7bn over illegal fees and interest

    Consumer Financial Protection Bureau orders bank to repay $2bn to consumers and a $1.7bn penalty

June 2022

  • ‘If it’s left to the senior leadership, the changes won’t occur. So we have to collectively bargain and take control ourselves,’ said Jessie McCool, a senior compliance officer at Wells Fargo in Missouri.

    Wells Fargo employees pushing to organize union across bank’s workforce

    Third largest bank in the US has faced a series of scandals, from fake accounts to mass overtime pay violations

March 2021

  • 888 Seventh Ave, New York City

    Top banks could be investigated over $20bn fire sale of hedge fund assets

    Collapse of Archegos has reportedly prompted SEC and FCA inquiries into Credit Suisse, Goldman Sachs, Nomura and others

July 2020

  • A Salt Lake City police officer at a protest earlier in July. Police foundations – which provide funds to local police departments – in cities such as Salt Lake are partially funded by corporate names.

    Our unequal earth
    Revealed: oil giants help fund powerful police groups in top US cities

    Investigation portrays fossil fuel industry as common enemy in struggle for racial and environmental justice in America

March 2020

  • FILE PHOTO: FILE PHOTOS: A combination photo of signs of JP Morgan Chase Bank, Citibank and Wells Fargo &amp; Co. bank<br>FILE PHOTO: FILE PHOTOS: Signs of JP Morgan Chase Bank, Citibank and Wells Fargo &amp; Co. bank are seen in this combination photo from Reuters files. REUTERS/File Photos/File Photo

    Study: global banks 'failing miserably' on climate crisis by funneling trillions into fossil fuels

    Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement

February 2020

  • A Laura Ashley store in Reigate, Surrey

    Laura Ashley agrees emergency funding deal with Wells Fargo

    British retailer secures vital £20m loan agreement with US bank as it fights for survival

October 2019

  • Jonah Field gasfields in Wyoming, US.

    The polluters
    Top investment banks provide billions to expand fossil fuel industry

    Exclusive: analysis reveals lenders provided $700bn to expand sector since Paris climate pact

June 2019

  • CANADA-US-AUTOMOBILE-GM<br>A union member reacts as union leaders speak at Local 222 in Oshawa, Ontario, on November 26, 2018. - In a massive restructuring, US auto giant General Motors announced Monday it will cut 15 percent of its workforce to save $6 billion and adapt to “changing market conditions.” The moves include shuttering seven plants worldwide as the company responds to changing customer preferences and focuses on popular trucks and SUVs and increasingly on electric models. GM will shutter three North American auto assembly plants next year: the Oshawa plant in Ontario, Canada; Hamtramck in Detroit, Michigan and Lordstown in Warren, Ohio. (Photo by Lars Hagberg / AFP)LARS HAGBERG/AFP/Getty Images

    Bosses pocket Trump tax windfall as workers see job promises vanish

    AT&T, General Motors and Wells Fargo vowed to use tax cuts to create jobs. In fact, they did the opposite

January 2019

  • Wells Fargo<br>FILE - In this July 14, 2014, file photo, a man passes by a Wells Fargo bank office in Oakland, Calif. Regulators announced Thursday, Sept. 8, 2016, that Wells Fargo is being fined $185 million for illegally opening millions of unauthorized accounts for their customers in order to meet aggressive sales goals. (AP Photo/Ben Margot, File)

    Wells Fargo employees say little has changed since fake accounts scandal

    Bank workers say they are still under pressure to get bonuses and push through deal closings with ‘no real respect’

December 2018

  • Wells Fargo bank has been under a cloud since 2015 when it acknowledged that employees had opened millions of fake bank accounts for customers to meet sales goals.

    Wells Fargo to pay $575m settlement for setting up fake banking accounts

    The bank had already been ordered to pay more than $1.2bn and the new agreement requires teams to review customer complaints

April 2018

  • FILES-US-BANKING-CRIME-WELLSFARGO<br>(FILES) In this file photo taken on September 28, 2016 a woman walks past a Wells Fargo ATM in Pasadena, California. Wells Fargo will pay $1 billion in fines to address deficiencies identified by regulators in its mortgage and auto loan businesses, US regulators said April 20, 2018. The big US bank, which has been under fire from regulators and shareholders in the wake of a 2016 fake accounts scandal, will pay the fines to resolve actions brought by the Office of the Comptroller of the Currency and the Bureau of Consumer Financial Protection. / AFP PHOTO / FREDERIC J BROWNFREDERIC J BROWN/AFP/Getty Images

    Wells Fargo to pay $1bn in largest fine levied against a bank under Trump

    Fine had been widely anticipated and comes after Donald Trump warned that administration planned to hold the bank to account

April 2017

  • Report has been in the works since September, when Wells Fargo acknowledged that employees opened up to 2m accounts without customers’ authorization.

    Wells Fargo takes back $75m from ex-executives after fake accounts scandal

    Bank’s board says former executives dragged their feet regarding problems and were unwilling to accept criticism that sales-focused business model was failing

October 2016

  • (FILES) This file photo taken on October 3, 2016 shows a man comes out of a branch of Wells Fargo bank in downtown Los Angeles in California. Large US banks reported lower third-quarter earnings on October 14, 2016 but beat analyst expectations, as Wells Fargo pledged anew to win back consumer trust after a bogus accounts scandal. Profits from JPMorgan Chase, Citigroup and Wells Fargo for the third quarter were lower compared with the year-ago period, revealing anew the drag on margins from ultra-low interest rates. / AFP PHOTO / FREDERIC J BROWNFREDERIC J BROWN/AFP/Getty Images

    Wells Fargo under criminal investigation in California over sales practices scandal

    State’s attorney general is looking into whether employees committed identity theft by creating accounts without customers’ approval to meet sales goals
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