SunTrust to stop financing companies that manage private prisons

NEW YORK: SunTrust Banks Inc said on Monday it will not provide future financing to companies that manage private prisons and immigration holding facilities, becoming the latest lender to distance itself from a sector that has become tied to the Trump administration’s immigration policies.

In 2018, banks, including Bank of America Corp and Wells Fargo & Co , raised roughly US$1.8 billion in debt over three deals for CoreCivic and GEO Group, according to Refinitiv data.

टरमप अनकल जी | जहा हेलप चाहीऐ वहा ईनडीया गोवरमेनट खेल रहा है |

टरमप अनकल जी | 5 मनथ चाहीऐ | पर कनफयुजन ना दिजीऐ |

I will start a bank that solely finances private prisons. Anyone want to invest?

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Construction company fined $9,000; first to be punished for operating a drone outdoors without permitSINGAPORE - The Singapore branch of construction company LT Sambo was fined $9,000 on Monday (July 8) for operating a drone outdoors without a proper permit, the first ever conviction and sentencing under the law.. Read more at straitstimes.com. get it under control! USA is constantly having this issues; drones almost hit airplanes many many times.
Source: The Straits Times - 🏆 8. / 63 Read more »