Read next: Wells Fargo’s Black approval rate improves, but racial gap persists In March 2020, Wells Fargo fell into hot water after Bloomberg found that the lender had rejected more than half of its Black applicants in the mortgage refinancing boom – the worst record among big lenders. In contrast, Wells Fargo approved 72% of White […]

A person pushes a shopping cart in a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register May 18 (Reuters) – Wells Fargo Investment Institute said on Wednesday it reduced its economic expectations with a mild U.S. recession now on the horizon in […]

Plaintiff lawyers say bank seemingly questions judicial objectivity on racial grounds LOS ANGELES, April 20, 2022 /PRNewswire/ — Wells Fargo’s refusal on Monday to consent to the jurisdiction of a Black female U.S. District Court judge to preside over a case where the bank is accused of improperly using race as a factor in its […]

Mayor Eric Adams and Comptroller Brad Lander are facing calls from progressive advocates to cut off Wells Fargo’s ability to hold municipal deposits following allegations of racial discrimination. Wells Fargo is one of 30 banks approved by the city to compete for contracts to host revenue, payroll and other bank accounts for city agencies. On […]

According to the HMDA data, the number of Black refi applicants at Wells Fargo nearly doubled in 2021 compared with the year before. Approximately 24,000 Black homeowners completed applications, accounting for 7% of the bank’s total refi applicants, up from 5% in 2020 – both are higher than the industry averages of 5% in 2021 […]

JACKSONVILLE, Fla., Nov. 8, 2021 /PRNewswire/ — Black Knight, Inc. (NYSE:BKI) announced today that

INDIAN WELLS, Calif. — With no teenagers and no Daniil Medvedev left in the draw, this tournament will definitely not be a repeat of the U.S. Open. Medvedev, so cool and pressure-proof on his way to his first Grand Slam title last month in New York, looked ready to keep rolling on Wednesday at the […]

Oct 9 (Reuters) – U.S. Open champion Daniil Medvedev showed no signs of a Grand Slam hangover with a business-like 6-4 6-2 win over Mackenzie McDonald to reach the third round at the Indian Wells tournament on Saturday. All aspects of the top-seeded Russian’s game were clicking as he improved to 5-0 in head-to-head matches […]

FILE PHOTO: A Wells Fargo logo is seen in New York City (Reuters) – Wells Fargo & Co on Tuesday named Steven Black as chairman effective immediately, succeeding Charles Noski who will retire at the end of September after more than a year-long stint. Black has over four decades of financial services […]

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