Posts Tagged ‘Wells Fargo’

  • Federal officials looking into charges Wells Fargo discriminated against African-American borrowers Wednesday, July 27, 2011 � by jg

    Huffington Post: The Department of Justice is reportedly preparing a lawsuit against the banking giant for allegedly steering African-Americans into higher-cost subprime mortgages.

  • Overdraft fee ruling in California may affect larger lawsuit Thursday, August 12, 2010 � by jg

    San Francisco Chronicle: A California federal judge’s ruling ordering Wells Fargo to pay $203 million in a lawsuit over how the bank determines overdraft fees could have an impact on a suit in Florida involving more than 30 banks.

  • Wells Fargo agrees to reduce racial discrimination in lending Friday, April 9, 2010 � by jg

    National Law Journal: The NAACP has dropped a lawsuit against Wells Fargo after the bank agreed to take steps to address racial discrimination in its lending policies.

  • Bowed but far from broken, big banks still hold sway Monday, November 16, 2009 � by eric

    Financial institutions, including several banks that received taxpayer bailouts, spent almost $4.01 million on lobbying in Sacramento in the first three quarters of the year as they sought to blunt legislation to rein them in. The industry successfully blunted and blocked several bills intended to provide consumer protections and halt abuses that led to the worst recession since the Great Depression.