Wells Fargo: CSR & Sustainability News

Wells Fargo is an American multinational diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the U.S. by assets and the largest bank by market capitalization. The firm’s primary U.S. operating subsidiary is national bank Wells Fargo Bank, N.A., which designates its main office as Sioux Falls, South Dakota.

Skyrocketing Subprime Auto Loan Defaults Put Cities’ Transport Systems at Risk

Subprime auto loan default rates are rising, which could affect investors worldwide, as they have been purchased these loans through securitized bonds. If…

Philadelphia Sues Wells Fargo Over Discriminatory Lending Practices

Racial discrimination in mortgage lending is prohibited under the federal Fair Housing Act (FHA). But the city of Philadelphia says the practice is…

Wells Fargo’s Woes Continue with Calls to Divest and Oust Board

Wells Fargo's struggles continue as investors call for several members of its board to be replaced. To make matters worse, more cities are…

Wells Fargo’s $110 Million Settlement Leaves Many Questions Unanswered

Wells Fargo will pay $110 million to settle a class-action lawsuit over its dubious retail banking practices. But the bank's legal and ethical…

What Wells Fargo Can Learn from Microfinance

There’s a reason large banks routinely make the list of America’s least liked companies: they treat their customers with remarkable disregard. But banks…

6 Ways to Talk Sustainability With Any Audience: Tips From Autodesk, Wells Fargo and NRG

On Sept. 24, thinkPARALLAX and TriplePundit brought thought leaders to Autodesk's San Francisco headquarters to discuss what's new in sustainability communications.

Wells Fargo Faces DOJ Investigation for Bending Military Lending Laws

The Department of Justice could fine Wells Fargo millions for the improper repossession of automobiles owned by members of the U.S. military.

Wells Fargo Docks CEO Pay, Former Employees File Billions in Lawsuits

Former Wells Fargo employees say the banking giant fired them unfairly after they blew the whistle. They've launched a class-action lawsuit against the…

Wells Fargo Shows Why the Banking Sector Still Lacks Consumer Trust

Two million fake accounts later, Wells Fargo's reputation is in tatters. And it is now a poster child of why so many Americans…

Corporations to Avoid Next Month’s Republican Convention in Cleveland

Large corporate donors, including JPMorgan Chase, Motorola, UPS, Walgreen’s and Wells Fargo, are ditching the Republican National Convention -- presumably to avoid being…

Are Your Investment Advisor’s Fees Going to Coal Mining?

Many of those big investment firms offering you free golf balls and “unbiased” advice are also lending millions, if not billions, to the…

CSR Report Review: Wells Fargo Reaches $37B in Environmental Loans & Investments

Wells Fargo, as disclosed in its most recent corporate social responsibility (CSR) report, has reached $37 billion in environmental loans and investments.

Wells Fargo & Bank of America Launch $1M Water Grant Programs

Bank of America and Wells Fargo each announced US$1 million grants to NGOs that fund water innovation projects worldwide.

Wells Fargo, Grameen Foundation Partner to Expand International Volunteer Program

Wells Fargo is partnering with the Grameen Foundation's Bankers Without Borders to expand its international volunteer Global Fellows program.

What is Wall Street’s Frat Boy Culture Doing to Our Planet?

There has been a longstanding urban legend about Wall Street being a good ole boys’ club, sexist and exclusive with a cornucopia of…