San Francisco banking giant Wells Fargo & Company (NYSE: WFC) will be boosting its business and charitable giving in Washington, D.C., to a total of $1.6 billion over the next five years, the bank said in an announcement.
The bulk of that money comes in the form of boosting its loan activity and equity investments, with Wells Fargo pledging to maintain or grow its small business and community lending and do more to spur economic development in D.C. Wards 7 and 8. Another $16 million comes in the…
