Asset Management

Faith-based activist ramps up pressure on Wells Fargo and Citi

The Interfaith Center on Corporate Responsibility has enjoyed recent success with JP Morgan and BoA on business standards transparency

Faith-based activist ramps up pressure on Wells Fargo and Citi

A religious shareholder group that has in recent months pressured two of the largest US banks into publishing reviews of their business standards, is out to repeat the feat at Wells Fargo and Citigroup.

The Interfaith Center on Corporate Responsibility will today meet with Wells Fargo officials to discuss the bank's internal standards and the publication of details of them.

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