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*BIRMINGHAM, AL – Wells Fargo today announced its support of a wide variety of programs and events as part of Birmingham’s 50th anniversary celebration of the Civil Rights movement, “50 Years Forward.” Throughout 2013, as part of the year-long celebration, Wells Fargo will provide financial support for the following organizations and programs. Birmingham Civil Rights [...]
*SAN FRANCISCO – African American investors report high levels of confidence in their financial future, along with optimism about the political and economic future of the country, according to a recent Wells Fargo nationwide survey. Despite proactive planning and intentional cuts in spending, African American investors remain focused on day-to-day living expenses, with a large [...]
*Themed “Celebrating Success, Developing Leaders and Cultivating Communities,” the Harlem YMCA presented a dedicatory tribute to Black Achievers in Industry (bai) at its 43rd annual National Salute to Black Achievers in Industry Awards Ceremony at the New York Marriott Marquis Hotel acknowledging the achievements of Black professionals nationwide. The black tie event was attended by [...]
*The Tuskegee Experiment included 600 black men (399 with Syphilis and 201 without) that were led down a road of deception by not only the federal government, but one of their own that they thought they could trust. Nurse Rivers, who knew the experiment was all a lie and that they were not really being [...]
*Turning 18 opens up a world of opportunity for your children. How well informed they are about new opportunities can make all the difference in their ability to make smart decisions. For many teens, opening their first credit card account is exciting. The freedom of not relying on Mom and Dad for money is alluring. [...]
*Some homeowners across America are gearing up for a conclusion to the case they’ve been fighting for over a year to secure their homes. Foreclosures were given out like government cheese after unsuspecting individuals were swindled by the snake-salesmen loan officers that told them they could really afford the home of their dreams. According to [...]
*Have you ever forgot it was a holiday and went to the bank walked inside only to find no one was manning the store? Yeah, me neither. But, people in Modesto, Ca., found the doors open and used the honor system. A concerned citizen trying to make a good impression on her daughter and show her how [...]
*Wells Fargo has been sued by the City of Baltimore over alleged unfair lending practices. The company said in a statement that Baltimore has claimed racist, predatory lending practices at Wells Fargo which they say has led to increased foreclosures for a certain demographic. The updated complaint filed on Thursday in the U.S. District Court [...]
*A judge is ordering Wells Fargo Bank to pay customers $203 million for overdraft fees. According to reports, the bank has been manipulating accounts to make customers pay for unwarranted overdraft fees. The bank has been in some trouble for its deceptive practices for years, including accused loan discrimination against Blacks. (more…)
*The NAACP is ending its lawsuit against Wells Fargo that alleged the bank was forcing blacks into subprime mortgages while whites with identical qualifications got lower rates. The lawsuit, filed over a year ago, is among more than a dozen the National Association for the Advancement of Colored People has filed since 2007 against large [...]
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