Bank of America, Citigroup banned from bond sale in Louisiana due to gun policies


A gun policy that Charlotte-based Bank of America Corp. adopted earlier this year in the wake of a mass shooting at a high school in Parkland, Florida, has eliminated it from working on a bond sale in Louisiana.

The state's bond commission banned both Bank of America (NYSE: BAC) and Citigroup Inc. (NYSE: C) from potentially being selected to participate in the underwriting of a $600 million sale of bonds that would be used to finance interstate projects, Bloomberg reports. The two banks were among…

Previous President Trump suggests ditching quarterly earnings reports for public companies
Next Form D Friday: EverWest mentioned in three private equity filings