Fracking Fiasco: The Banks That Fueled the U.S. Shale Bust

*New report names [Wells Fargo](https://www.valuewalk.com/2020/09/elaine-chao-wells-fargo/) and JPMorgan Chase as main players pouring big money into troubled fracking industry*Q2 2020 hedge fund letters, conferences and moreHighly Concentrated Financing For The Fracking IndustrySan Francisco – A new report by Rainforest Action Network (RAN) and Oil Change International reveals that financing for the fracking industry is highly concentrated, with Wells Fargo the biggest banker of U.S. frackers since the Paris Climate Agreement was adopted, and JPMorgan Chase a standout second place. The fracki…

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