wells fargo

Wells Fargo pays $10M to settle lawsuit over discriminatory lending practices in Philadelphia

BY: - December 17, 2019

Wells Fargo will shell out $10 million to settle a city lawsuit that alleged the megabank engaged in discriminatory lending practices against Black people and other minorities in Philadelphia. The San Francisco-based bank will fund affordable housing programs in Philadelphia but admit no wrongdoing over the civil rights lawsuit the city filed in 2017, the Kenney administration said […]