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…

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