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Stock impact report

GOP AGs put a major US bank on notice for alleged 'de-banking' of conservatives [FOX News]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: FOX News
Over a dozen Republican attorneys general are warning a major U.S. bank against alleged practices of "de-banking" certain customers because of their religious or political views. In a letter obtained exclusively by Fox News Digital, Kansas Attorney General Kris Kobach, along with 14 of his Republican colleagues told Bank of America CEO Brian T. Moynihan that the company "appears to be conditioning access to its services on customers having the bank's preferred religious or political views." "Your discriminatory behavior is a serious threat to free speech and religious freedom, is potentially illegal, and is causing political and regulatory backlash," the letter sent Monday states. " Your bank needs to be transparent with and assure us, its shareholders, and others that it will not continue to de-bank customers for their speech or religious exercise," the AGs wrote. Media relations representative, Bill Halldin, denied the claims in a statement saying, "Religious beliefs are not Show less Read more
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