Wells Fargo gives $1,000 bonus to its lower-paid employees
Workers are eligible if they earned a salary of less than $75,000 last year, and their total cash compensation was less than $85,000.
Red states’ pushback on guns, abortion, climate puts banks in bind
Large banks are facing an increasingly difficult challenge on environmental and social issues: balancing the demands of progressive activists and their own employees with those of Republican state officials. One analyst calls it the “goldilocks dynamic.”
Banks weigh in on the overturning of Roe v. Wade
JPMorgan Chase, Bank of America, Goldman Sachs and Wells Fargo joined Citigroup in pledging to expand benefits to cover travel for out-of-state abortions. Smaller banks in blue states were more vocal, with one female CEO saying: “I stand in disbelief.”
