Bank of America pledges to halt lending to assault-weapon manufacturers


Bank of America Corp. (NYSE:BAC) has pledged to stop lending to companies that provide military-style firearms for civilian use. Vice Chairman Anne Finucane spoke on the matter in an interview with Bloomberg on Tuesday.

"We want to contribute in any way we can to reduce these mass shootings," Finucane said in the interview. "We do have a few manufacturers of military-style firearms. We're in discussions with them. We have let them know … it's not our intent to underwrite or finance military-style…

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