Bank Of America & Gun Manufacturers

Aaron Spuler is a firearms enthusiast and recreational shooter. Follow more or his work at The Weapon Blog

Bank of America Corp on Saturday became the latest financial heavyweight to take aim at gunmakers, saying it would ask clients who make assault rifles how they can help end mass shootings like last week’s massacre at a Florida high school.

Bank of America, the second-biggest U.S. bank by assets, said its request to makers of the military-style weapons was in line with those taken by other financial industry companies to help prevent deadly gun rampages.

“An immediate step we’re taking is to engage the limited number of clients we have that manufacture assault weapons for non-military use to understand what they can contribute to this shared responsibility,” the Charlotte, North Carolina-based bank said in a statement.

It did not name the clients who make assault rifles. The weapons have been widely used in U.S. mass shootings, including the one on Feb. 14 that killed 17 people at Marjory Stoneman Douglas High School in Parkland, Florida.

The Bank of America move came after BlackRock Inc, the world’s biggest asset manager, said on Thursday it would speak with weapons manufacturers and distributors “to understand their response” to the high school massacre.

I’m sure that Bank Of America has also taken similar steps to reach out to vehicle manufacturers to stop vehicular manslaughter, fertilizer manufacturers to stop the threat of bombings, hammer and knife manufacturers, etc. Oh wait, what’s that? They haven’t? Interesting. Because those cause far more deaths than guns.

Read the rest of the article: https://www.reuters.com/article/us-usa-guns-bankofamerica/bank-of-america-takes-aim-at-gun-making-clients-idUSKCN1G900U