Bank of America will end its association with companies that provide prisoner and immigrant detention services at both the state and federal levels. The move comes amid growing public concern about the nation's border policies
A spokesperson said Wednesday that Bank of America has discussed the issue with its clients that provide those services. While the bank appreciates"steps they have taken to properly execute their contractual and humanitarian responsibilities," it ultimately decided to"exit the relationships.
"Bank of America declined to comment Wednesday regarding the companies with which it had previously worked.Read MorePrivate prisons have been in the spotlight. On Friday, Democratic presidential candidate Elizabeth Warren called for private correctional and detention facilities to be banned. Shares of private prison operators dropped following her remarks.
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