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  • Wells Fargo fails fair lending test due to "discriminatory and illegal" credit practices

    Late last year, as the fallout from the fake account scandal at Wells Fargo was still in full force, rumors began to circulate that the bank could be facing another regulatory smackdown due to reportedly failing to meet its requirements under the Community Reinvestment Act. And Tuesday, the other shoe dropped, as the bank disclosed that it did indeed fail to meet its CRA requirements.

2014 Fast50 Statistics

 
 

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Combined, HW Fast50 firms represented $52.7 billion
in revenues during 2013.

# firms participating/applied Over 400
# private firms included 17
Median revenue growth 47.8%
Median revenue growth, private companies 43.4%
Mean revenue growth 236.8%
Mean revenue growth, private companies 119.2%