WEDNESDAY, APRIL 11, 2018   ■   TOP STORY

It’s Official: Bank of America Will Stop Lending to Makers of AR-Rifles

“It’s our intention not to finance these military-style firearms for civilian use,” Anne Finucane, a vice chairman at Bank of America, said Tuesday in a Bloomberg Television interview. The firm has had “intense conversations over the last few months” with those kinds of gun manufacturers to tell them it won’t finance their operations in the future, she said. Finucane said Bank of America also won’t underwrite securities issued by manufacturers of military-style guns used by civilians. Bank of America helped finance Vista Outdoors and Remington. No official response has been received from any firearms company, the National Shooting Sports Foundation or the NRA as of our deadlines.