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Citigroup Inc. (C)

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  • Benzinga

    Texas Attorney General Says Citigroup Discriminates "Against Firearms Sector"

    Citigroup Inc (NYSE: C) has reportedly discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of halting the bank's ability to underwrite most municipal bond offerings in Texas. Bloomberg first reported the news, citing a letter that Leslie Brock, assistant attorney general chief of the public finance division, distributed to lawyers. Citigroup will not be allowed to underwrite debt in Texas, one of the nation's la