Wells Fargo, Bank of America each pledge $1 million aid for Ukraine, people fleeing Russian invasion

Send a link to a friend  Share

[March 03, 2022]   NEW YORK (Reuters) -Wells Fargo & Co and Bank of America each pledged on Wednesday to donate $1 million to the American Red Cross and other non-profit groups that are helping Ukraine and refugees fleeing invasion by Russia.

 A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith

Their pledges follow a raft of similar announcements made by U.S. and European companies that have begun offering aid to Ukraine and people fleeing the war following Russia's invasion. Russia calls its actions in Ukraine a "special operation".

Wells Fargo's donation will go to the American Red Cross, World Central Kitchen and the United Service Organizations, which supports American service members in Eastern Europe, according to the lender.

Bank of America is spreading its donation across five groups - the Red Cross and Red Crescent network in Ukraine and the region, World Central Kitchen, Cooperative for Assistance and Relief Everywhere, International Medical Corps and Project Hope.

The banks also said they will match employee donations to support relief in Ukraine.

(Reporting by Elizabeth Dilts Marshall; Editing by Jonathan Oatis and Kenneth Maxwell)

 

[© 2022 Thomson Reuters. All rights reserved.]
This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.

 

 

Back to top