BNP Paribas backs away from U.S. private prison industry

Published July 13, 2019 1 Plays $0.29 earned

Rumble / Trending NewsFrance’s BNP Paribas SA on Friday said it will no longer finance U.S. private prison operators.
It's the first foreign bank to distance itself from a sector shunned by domestic peers.
According to Reuters, the move comes amid controversy over Trump administration's detention policies.
The centers account for about two-thirds of the people held by U.S. Immigration and Customs Enforcement.