Wal-Mart, Your New Banker?

Posted on January 26, 2005

By Wendy Zellner

END-AROUND? Could Wal-Mart really become a bank? First, it would have to take on current prohibitions on combining banking and commerce. The laws were designed to prevent a big player such as Wal-Mart from denying credit to competitors or shifting losses from its retail business to an

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