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Article

17 May 2004

Jonathan Stempel, Reuters

Bank of America Stiffens Environmental Loan Rules

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Bank of America Corp. on Monday joined Citigroup Inc. in tightening lending standards for project financing to address potential environmental risks...The other companies targeted in Rainforest's campaign are Bank One Corp., Goldman Sachs Group Inc., J.P. Morgan Chase & Co. [JPMorgan Chase], Manulife Financial Corp.'s John Hancock Financial Services; SunTrust Banks Inc., U.S. Bancorp, Wachovia Corp. and Wells Fargo & Co.