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.

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