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BERKELEY'S NEWS • JUNE 03, 2023

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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.
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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.
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Berkeley City Council voted July 19 to adopt a resolution calling on the city to divest from private prisons and to send a letter to the city’s business partners requesting them to do the same.
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Berkeley City Council voted July 19 to adopt a resolution calling on the city to divest from private prisons and to send a letter to the city’s business partners requesting them to do the same.
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The University of California has sold approximately $25 million worth of investments in private prison corporations, according to UC spokesperson Dianne Klein, after Black Student Unions of all nine UC campuses voted on a resolution calling for immediate divestment.
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The University of California has sold approximately $25 million worth of investments in private prison corporations, according to UC spokesperson Dianne Klein, after Black Student Unions of all nine UC campuses voted on a resolution calling for immediate divestment.
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