Tag: Wells Fargo
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Wells Fargo’s Plan to Privatize the Post Office: Implications for Pan-African Nations and Global Shipping
A newly released memo from banking giant Wells Fargo has exposed a predatory scheme to dismantle the United States Postal Service (USPS). The plan involves selling off profitable segments of the USPS, slashing union jobs, and drastically increasing prices—by as much as 140 percent—for postal services. If implemented, this privatization effort would not only devastate…
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Banking giant Wells Fargo suffers data breach, sends two notification letters
American multinational bank Wells Fargo has informed two of its customers about a data breach. The personal information involved includes names of clients and mortgage account numbers. The financial services company claims to be responsible for safeguarding customer information and promptly responded to the incident as it arose. It’s not yet clear when the attack…
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