Posts Tagged ‘Wells Fargo’
Pressure from Advocacy Group Leads University of California to Partially Divest from Wells Fargo
Following demands from the Afrikan Black Coalition (ABC), the University of California has agreed to terminate $475 million worth of contracts with Wells Fargo Bank. According to a press release from ABC, the terminated contracts include a $25 million commercial paper contract, a $150 million interest rate contract and a $300 million line of credit.…
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