Wells Fargo has announced that Darlene Goins is the new president of the Wells Fargo Foundation and head of Philanthropy and Community Impact. Wells Fargo is a leading financial services company with approximately $1.9 trillion in assets, serving one in three US households and more than 10% of small businesses. Goins’ Previous Expertise Previously, Goins was head of Diverse Customer Segments within Wells Fargo’s Consumer, Small, and Business Banking. Her role was leveraging customer feedback, analytics, and insights to meet the needs of diverse customers. Goins also led the company’s
Financial giant Wells Fargo recently announced that it would be investing $355,000 in a new diversity program, The Inclusivity Project. The Inclusivity Project The Inclusivity Project was first launched in 2021 and has since been run by the Northern California Small Business Development Centers (NorCal SBDC). Initially designed to support Black and African American businesses seriously impacted by the COVID-19 pandemic, the project has since become a community open to all business types and stages. The project offers free advice, mentoring, workshops, and networking, as well as access to exclusive
American bank, Wells Fargo, is set to retreat from the mortgage business after years of scandals that have plagued the bank’s reputation. According to Bloomberg, the company plans on pulling back its mortgage business. The decision will reduce the bank’s ties to outside mortgage firms, which helped them generate $205 billion in new home loans last year. The demand for mortgages drastically falling is another reason the mortgage giant, Wells Fargo, has decided to step away from the industry it once dominated. “Like others in the industry, we’re evaluating the size
