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2 more Wall Street banks send memos to staff in response to Trump’s travel ban
Jan 30, 2017/Media Coverage
Bank of America Merrill Lynch CEO Brian Moynihan and Wells Fargo’s Chief Administrative Officer, Hope Hardison, on Monday joined their Wall Street peers in responding to President Donald Trump’s immigration ban. Trump on Friday signed an executive order barring people from seven majority-Muslim countries — Iraq, Iran, Libya, Somalia, Sudan, Syria, and Yemen — from …
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Claim Accuses Wells Fargo of Denying Loans to Young Migrants
Jan 30, 2017/Media Coverage
A federal lawsuit accuses banking giant Wells Fargo of illegally denying student loans to young immigrants who are protected from deportation and allowed to work and study in the U.S. under a program created by former President Barack Obama. The suit filed Monday in San Francisco says the young immigrants in the country illegally have …
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Wells Fargo Sued For Discriminatory Lending Practices Against Certain Immigrants
Jan 30, 2017/Press Release
SAN FRANCISCO, CA – Wells Fargo & Co. illegally denied qualified applicants, including a college student, loans because of their immigration status, according to a federal lawsuit filed Monday. The suit, brought by MALDEF (Mexican American Legal Defense and Educational Fund) and Outten & Golden LLP on behalf of a college student who was granted Deferred Action …
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