Citigroup has reversed its policy restricting banking services to retail clients selling firearms, ending the practice that ...

A street view of a Citibank branch in San Francisco, Calif., on May 13, 2025. Credit - Smith Collection—Getty Images. C itigroup has reversed its policy restricting banking services to retail ...

Seven years ago, after the mass school shooting in Parkland, Florida, Citibank became one of the first on Wall Street to make substantive policy changes, enacting rules with companies that sold ...

Citigroup on Tuesday said it was dropping a 2018 policy that placed restrictions on offering banking services to retail clients selling firearms.

June 3 (UPI) --Financial services provider Citigroup has ended its seven-year-old restrictions on financing firearms transactions. "Our U.S. commercial firearms policy was implemented in 2018 and ...

The president has fueled allegations that banks discriminate on political grounds.

In March 2018, Citibank announced a company-wide policy impacting small businesses, commercial and institutional clients, and credit card partners nationwide, requiring them to not sell firearms ...

Everytown for Gun Safety, which bills itself as the largest gun violence prevention organization in the country, expressed disappointment about Citi's decision. "The actions Citi announced in 2018 ...

Citigroup flips on gun policy, industry skeptical. By Paul Bedard. Facebook. ... “We will see if this is a substantive change in policy or just a superficial change while Citigroup continues to ...

The policy was intended to promote the adoption of best sales practices as prudent risk management and didn’t address the manufacturing of firearms.” In March 2018, Citibank announced a ...

Citigroup C0.93%increase; green up pointing triangle took a stand in America’s gun debate seven years ago ... Now, the bank is dropping the policy.