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JPMorgan to stop financing private prisons and detention centers after protests

Name: JPMorgan to stop financing private prisons and detention centers after protests
Uploaded: 2019-03-05T16:20:25-08:00
Channel: NBC Palm Springs
Description: JPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies. “We will no longer bank the private prison industry,” a company spokesman told Reuters. The decision is a result of bank’s ongoing evaluations of the costs and benefits […]

By: NBC Palm Springs

March 5, 2019

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