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Bank of America to engage gun-manufacturing clients over mass shootings

Bank of America Corp. will engage with its clients who manufacture "assault weapons for non-military use" so that the bank can "understand what they can contribute" to end mass shootings, according to a statement that BofA sent to Axios.

BlackRock Inc. had earlier said it is working with clients who want to exclude from their portfolios weapon manufacturers and other companies that do not align with their beliefs. Meanwhile, First National Bank of Omaha will no longer renew its contract with the National Rifle Association and will discontinue issuing its NRA Visa credit card.

The moves come after a mass shooting killed 17 people at a school in Parkland, Fla., on Feb. 14.