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C itigroup Inc (Citi) announced on June 3, 2025, that it will remove its policy restricting services to retail clients who sell firearms. The policy, originally implemented in March 2018 ...

Citigroup has reversed its policy restricting banking services to retail clients selling firearms, ending the practice that ...

Citi has abandoned a 7-year-old policy restricting firearms sales by its retail clients, the bank said in a statement on its website Tuesday.. The move could be read as a bow to increasing pressure ...

The policy, implemented in 2018 after a school shooting in Parkland, Florida, prohibited retailers from selling guns to people under 21 or without a background check, among other restrictions.

Citi’s firearms policy received backlash from right-wing news outlets and pro-gun groups. The conversation around debanking. Debanking is the idea of banks closing the accounts of organizations ...

The policy required clients to “adhere to these best practices: (1) they don’t sell firearms to someone who hasn’t passed a background check, (2) they restrict the sale of firearms for individuals ...

Everytown for Gun Safety, which bills itself as the largest gun violence prevention organization in the country, expressed disappointment about Citi's decision. "The actions Citi announced in 2018 ...

Citi said at the time that it would require clients to "adhere to these best practices: (1) they don't sell firearms to someone who hasn't passed a background check, (2) they restrict the sale of ...

Citi’s decision to remove its firearms policy represents a ... clients and partners of the bank not to sell firearms to people under the age of 21 or to those who had not passed a background ...

He will rejoin Citi in July 2025 after a prior stint with the US lender. He also previously worked at J.P. Morgan and Credit Agricole CIB after starting his career in Sinochem Group's finance and ...