Wells Fargo launches 10-year plan to boost banking inclusion for underserved communities

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Wells Fargo (WFC.N) has launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, the company said on Monday.

A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File Photohas launched a 10-year commitment to help unbanked individuals in the United States gain access to affordable, mainstream bank accounts, the company said on Monday.

Banks are under pressure from lawmakers and advocates to increase financial inclusion and access to banking services for underserved communities. "We recognize the high number of unbanked households is a complex and long-standing issue that will require gathering the best minds, ideas, products and educational resources from across our communities to bring about change," Wells Fargo Chief Executive Charlie Scharf said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Biden serves Zionist Israel. In Christianity, it does not say that one kills. Your president serves the deaths of people. HearGaza

The Palestinian people are killed in their own lands. Israel takes their lives and occupies their lands. Don't be silent to this. HaerGaza

more we stay silent, more they are gonna kill children. it is a genocide! make some noice people HearGaza

Help Muslims. Children, babies die. There is no blue sky there, you always see missiles and bombs. Children don't laugh, they cry. There are children who are left without parents. HearGaza

more we stay silent, more they are gonna kill children. it is a genocide! make some noice people standwithpalestine sessiz kalmaya devam ettikçe cocuk oldurmeye devam edecekler. sesinizi cikarin millet. HearGaza....

Smith and Jones have gone from heroes to zeroes in my eyes - Go Wells Fargo!

more we stay silent, more they are gonna kill children. it is a genocide! make some noice people standwithpalestine sessiz kalmaya devam ettikçe cocuk oldurmeye devam edecekler. sesinizi cikarin millet. HearGaza

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines