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Article
13 July 2019

BNP Paribas plans to end financing of private prisons

Author: Phil Serafino, Bloomberg

BNP Paribas SA will no longer finance private prison companies, joining a wave of banks pulling out of the business amid criticism of the conditions in U.S. detention facilities. “This decision is the result of the bank’s internal and external...

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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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Company non-response
14 January 2019

SunTrust Banks

Did not respond.

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Article
13 January 2019

Shareholder resolution filed at SunTrust Banks

Author: SunTrust shareholders

[S]hareholders of SunTrust Banks, Inc... urge the Board of Directors to establish a Board Committee on Human Rights, to create company policies and review existing policies, above and beyond matters of legal compliance, on the human rights of...

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Report
10 July 2018

Immigration detention: An American business

Author: Corrections Accountability Project

On April 6, 2018, the administration announced a "zero tolerance" immigration policy that requires every undocumented adult immigrant and asylum seeker in the U.S. to be criminally prosecuted under federal law... The "zero tolerance" immigration policy...

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Company non-response
10 July 2018

SunTrust declined to respond

SunTrust declined to respond to allegations that through its financing for GEO Group and Core Civic, SunTrust is helping to enable the work of these for-profit US immigration detention companies that are allegedly profiting from the Trump...

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Story
26 June 2018

USA: Govt. contractors accused of profiting from separation & detention of migrant & asylum seeking families

In May 2018, the Trump administration announced that it would increase prosecutions of migrants and asylum seekers crossing the US-Mexico border and implemented a “zero tolerance” policy intended to deter new migrants with the threat of jail sentences...

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Article
17 November 2016

How Wall Street Firms Make Money From Donald Trump’s Prison Policy

Author: International Business Times

A new report released today by In The Public Interest reveals that six major Wall Street firms work in tandem with the industry: financing its debts, servicing its bonds, and extending billions of dollars in credit to pay for its operating expenses...

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Report
17 November 2016

Report: The Banks That Finance Private Prison Companies

Author: In the Public Interest

Private prison companies hold contracts to operate hundreds of prisons, jails, and immigration detention centers across the country. By profiting off of incarceration, private prison companies have a perverse incentive to make business decisions that...

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Article
9 December 2013

Best Places to Work 2014 [USA]

Author: Human Rights Campaign

This year, an historic 304 major businesses…scored 100 percent on HRC’s Corporate Equality Index and the coveted distinction of “Best Places to Work for LGBT Equality.” These companies adopted a full framework of LGBT inclusion in the workplace,...

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