BNP Paribas

It’s crucial that campus and the university at large put their money where their mouth is and support companies with society’s best interests at heart.

Amidst all the political and social turmoil this country currently faces, including the humanitarian crisis at our borders, injustice for victims of police brutality, and the increasing public displays of bigotry and xenophobia incited by the current occupant of the White House, we need to shine a light on Hawaii right now. 

Following the story in The Daily Californian, “Parent company of UC Berkeley’s official bank invests in ICE-contracted private prison companies,” we wanted to provide some key facts to correct inaccuracies.

BNP Paribas — the parent company of UC Berkeley’s official bank, Bank of the West — owns more than $1 million in shares from two private prison companies that are contracted by Immigration and Customs Enforcement, or ICE, to operate immigration detention facilities.