San Leandro city leaders are caught firmly between the desire of some councilmembers and progressive activists to completely divest from Wells Fargo, and a lack of viable options to replace the troubled institution as the city’s banking services provider.. Nearly… Read More ›
Dakota Access Pipeline
Since 2016, Wells Fargo Bank has been an angry touchstone among progressives because of its unscrupulous business practices and support for the Dakota Access Pipeline. The latter triggered a number of East Bay cities to seek divestiture from Wells Fargo… Read More ›
San Leandro voted to sell a $700,000 investment note with Wells Fargo in Nov. 2017, but totally untangling itself from the bank has proven more difficult.