By Reuters Staff
1 Min Read
FILE PHOTO: A man walks by an ATM at the Wells Fargo & Co. bank in downtown Denver April 13, 2016. REUTERS/Rick Wilking/File Photo
(Reuters) - Wells Fargo & Co recommended shareholders vote against a proposal asking the bank to conduct a racial equity audit, citing a comprehensive assessment on human rights issues already underway at the bank.
It is common practice for firms to recommend shareholders vote against resolutions on the annual proxy ballots that are not put forward by management. Similar proposals have been filed at other companies but Wells Fargo is among the first to spell out their opposition.
Chris-reese
Imani-moise
Charlie-scharf
Thomson-reuters-trust-principles
Wells-fargo-co
Reuters
Wells-fargo
Chief-executive-charlie-scharf
New-york
Thomson-reuters-trust
Us
Wells
5 Min Read
(Reuters) - A new feature has appeared at smoke shops in Montana, gas stations in the Carolinas and delis in far-flung corners of New York City: a brightly-lit bitcoin ATM, where customers can buy or sell digital currency, and sometimes extract hard cash.
The machines have multiplied quickly through the United States over the past year, fueled by a frenzy in crypto trading that sent bitcoin prices over $58,000.
Kiosk operators such as CoinFlip and Coin Cloud have installed thousands of ATMs, scouring areas competitors have not yet reached, executives told Reuters.
“I just assumed there was demand and people wanted bitcoin everywhere,” said Quad Coin founder Mark Shoiket, who flew to Montana after scanning a U.S. map for bitcoin ATM deserts.
Jersey
New-york
United-states
Montana
New-jersey
North-carolina
South-dakota
South-carolina
Alaska
Washington
Rapid-city
Pennsylvania