Prison and detention reform Archives - Activate World

Bank of America exits the private prison industry

Bank of America has ended their financial relationship with the private prison and detention companies CoreCivic and GEO Group. Two other leading U.S. banks, Wells Fargo and JPMorgan Trust, dropped their ties with CoreCivic and GEO Group in January and March, respectively. The decisions followed months of pressure from a coalition of more than 70…