Business

Citigroup tried and failed to rally banks to pressure gun sellers


In 2018, after a 19-year-old man killed 17 students and staff at a high school in Parkland, Fla., Citigroup tell retailers they don’t want their business if they sell guns to people under the age of 21.

The bank will not lend them or keep their deposits. It will not advise them on mergers, bond sales or stock offerings. CitiIts executives hope, will be the first of many that have rallied Wall Street around a plan to curb gun violence.



Source link

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button