Should Regulators Permit a Wal-Mart Bank?
Published May 8, 2013 5:10 PM
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Updated February 10, 2020 10:45 AM
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The Dodd-Frank Act's ban on pure commercial ownership of industrial loan companies is set to expire in July. American Banker editors discuss the pros and cons of allowing a commercial enterprise like Wal-Mart into the banking business at a time when the previous argument against doing so has been turned on its head.