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Article
5 December 2019

A Judge Says Thousands of Detainees May Sue a Prison Company for Using Them as a “Captive Labor Force”

Author: Madison Pauly, Mother Jones

Early one morning, Abdiaziz Karim was sleeping in his new dorm in an Immigration and Customs Enforcement (ICE) detention center when an officer woke him up. The guard pointed out graffiti on the wall and a light fixture smeared with toothpaste, and...

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Article
20 October 2019

CalPERS drops listed prison companies

Author: Alicia McElhaney, Institutional Investor

The California Public Employees’ Retirement System (CalPERS) has divested from two publicly traded prison companies — CoreCivic and Geo Group... CalPERS came under scrutiny back in June when Educators for Migrant Justice, a nonprofit group seeking to...

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Article
19 October 2019

CalPERS privately divests from for-profit prison companies

Author: Educators for Migrant Justice

The California Public Employees’ Retirement System (CalPERS) has divested from for-profit prison giants, CoreCivic and GEO Group, over growing concerns about the material risks both companies’ systemic human rights abuses pose to their bottom lines....

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Article
17 July 2019

US govt. contractor Nakamoto Group allegedly overlooked abuse at detention centers; incl. co. statement

Author: Yuki Noguchi, NPR

"'No Meaningful Oversight': ICE Contractor Overlooked Problems At Detention Centers", 17 July 2019...

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Article
12 July 2019
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Author: L'Echo (Belgique)

« BNP Paribas renonce à financer les centres de détention controversés aux USA », 11 juillet 2019...

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Article
10 July 2019

SunTrust is latest bank to halt financing of private prisons

Author: Lanahn Nguyen, Bloomberg

SunTrust Banks Inc., the lender merging with BB&T Corp., said it won’t provide future financing to companies that manage private prisons and immigration holding facilities. “This decision was made after extensive consideration of the views of our...

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Article
5 July 2019

Canada pension fund divests from US migrant detention firms

Author: Tracey Lindeman, The Guardian

"Canada pension fund quietly divests from US migrant detention firms," 5 July 2019...

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Article
26 June 2019

USA: Bank of America will stop lending to private-prison firms

Author: Lananh Nguyen, Bloomberg

Bank of America Corp., the second-biggest U.S. bank, will stop lending to companies that run private prisons and detention centers. “We have decided to exit the relationship’’ with companies that provide prison and immigration-detention services, Vice...

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Article
6 March 2019

USA: JPMorgan Chase to stop financing private operators of prisons & detention centers

Author: David Henry & Imani Moise, Reuters

"JPMorgan backs away from private prison finance," 5 March 2019...

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Article
28 February 2019

Representative Ocasio-Cortez wants hearing on banks funding immigrant prisons

Author: Max Abelson, Bloomberg

Alexandria Ocasio-Cortez said she wants Wall Street to tell Congress why it’s lending to private prisons that hold undocumented immigrants. "We’re going to hold oversight hearings to make these banks accountable for investing in and making money off of...

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