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The city of Baltimore is suing Wells Fargo for racist lending practices according to StockBriefing.com.

Wells Fargo Outlook

The company said in a statement that Baltimore has claimed racist, predatory lending practices at Wells Fargo (NYSE:WFC) which they say has led to increased foreclosures for a certain demographic.

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Wells Fargo Accepting Applications For Black Business Owner Award

UPDATE: Tavis Smiley Drops Wells Fargo, Makes Statement

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