Wal-Mart’s Latest Ambition Worries Banks
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
A battle over Wal-Mart Stores Inc.’s effort to get into financial services may derail the growth of company-owned banks — as well as Utah’s ambitions to become to such lenders what Delaware is to corporations.
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