Tuesday, October 24, 2006

HowWal-Mart’s bid to own a bank stalled

HowWal-Mart’s bid to own a bank stalled
By Bernard Wysocki Jr.
The Wall Street Journal Europe
24 Oct 2006

WASHINGTON—When WalMart Stores Inc. applied 15 months ago to get a banking license, it looked like a slam dunk. The retailing giant applied for an industrial-bank charter in Utah— the same type of permit the state had already given to many companies,... read more...

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