Wells Fargo, RBC bankers meet Texas AG staff

Energy crisis: A customer uses an ATM at a Wells Fargo bank in California. The lender has repeatedly maintained that it doesn’t boycott the energy industry. — AFP

NEW YORK: The Texas attorney general’s or AG staff have met with municipal finance executives from Wells Fargo & Co and RBC Capital Markets as Ken Paxton’s probe into whether the Wall Street banks “boycott” the fossil fuels industry drags on.

Bankers from RBC, including Bob Spangler, the New York-based head of municipal finance for the firm, met with Paxton’s staff at the attorney general’s office in Austin, according to emails obtained by Bloomberg News through a public records request.