News and Announcements

El Fondo México Americano de Defensa Legal y Educación (MALDEF) demandó hoy a la entidad financiera Wells Fargo por supuestamente negar prestamos a solicitantes calificados indocumentados. La querella presentada hoy en una corte federal de San Francisco, alega que el banco violó las leyes que prohíben la discriminación en la prestación de servicios basada en el estatus migratorio de una persona. "Creemos que hay muchos inmigrantes afectados, especialmente aquellos favorecidos por DACA que ya tienen un número de Seguro Social y un permiso de trabajo válido", detalló a Efe Víctor Viramontes,...

After Mitzie Perez filled out a preliminary form online to inquire about a student loan from Wells Fargo last summer, a message flashed across the screen saying the bank had no options for her. “This could be due to the school you selected, your field of study, and/or your citizenship status,” the bank’s website said. The third-year bachelor’s student in gender and sexuality studies at the University of California, Riverside, didn’t think her citizenship status would be a problem. Though she’s undocumented, in 2012 she received work authorization under the Deferred Action for Childhood...

Bank of America Merrill Lynch CEO Brian Moynihan and Wells Fargo's Chief Administrative Officer, Hope Hardison, on Monday joined their Wall Street peers in responding to President Donald Trump's immigration ban. Trump on Friday signed an executive order barring people from seven majority-Muslim countries — Iraq, Iran, Libya, Somalia, Sudan, Syria, and Yemen — from entering the US. The order originally included US green-card holders, but the White House later exempted them from the ban. * * * Here's Moynihan's message: "As a global company, we depend upon the diverse sources of talent that our...