Citi Ends Gun-Sales Policy Implemented After Florida School Shooting
Citigroup Inc.’s 2018 policy said it would prohibit retailers from offering bump stocks or selling guns to people who haven’t passed a background check or are younger than 21.
Photographer: Bing Guan/BloombergTakeaways NEW
Citigroup Inc. ended a seven-year policy that placed restrictions on firearms sales by its retail sector clients, citing recent legislative developments and concerns over access to banking services.
The bank will no longer have a specific firearms policy, it said in a statement on its website. Citigroup had implemented the policy in 2018, following a major school shooting in Parkland, Florida.
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