Bank of America will stop lending to assault-style gun manufacturers

A Bank of America executive announced the news in a TV interview.

Bank of America, the country's second-largest bank, says it plans to stop lending money to manufacturers who produce assault-style weapons for non-military purposes.

Bank of America chairperson Anne Finucane announced the news in an interview with Bloomberg TV on Tuesday.

"It's our intention not to finance these military-style firearms for civilian use," Finucane said. She added that the...

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