Wells Fargo contributes to gun-loan company, nabbing customer

Wells Fargo contributes to gun-loan company, nabbing customer

Wells Fargo is doubling straight straight straight down in the weapon industry, undaunted by critique of its deep ties to firearm businesses as well as the nationwide Rifle Association.

The San bank that is francisco-based week issued a $40 million credit line to weapon maker Sturm, Ruger & Co., based on monetary filings. That is together with the $431 million with debt that Wells Fargo has arranged for gunmakers since 2012, when the Sandy Hook school shooting escalated the gun control debate december. Hardly any other bank lent more to your industry over that time, relating to information published by Bloomberg. Continue reading “Wells Fargo contributes to gun-loan company, nabbing customer”