Equity Investments

SEC Charges Mormon Church For $32B Secret Investment Portfolio: Here Are The Details

The U.S. Securities and Exchange Commission has charged the Church of Jesus Christ of Latter-day Saints and its investment management company, Ensign Peak Advisors, for their $32 billion secret investment portfolio.

Wells Fargo Makes Equity Investments In Five Black-Owned Banks

Wells Fargo & Co (NYSE: WFC) has announced equity investments in five Black-owned banks as part of its pledge of investing up to $50 million in Black Minority Depository Institutions (MDIs).