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Wal-Mart
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Latest Headlines
Bove takes issue with Wal-Mart award
We noted recently that Wal-Mart has turned the on-going sluggish economy and populist anger over banks to its advantage, as more people seem to be discovering its financial services offerings.
American Banker was impressed enough to make Jane Thompson, former president of the Wal-Mart
Wal-Mart wins with financial services
It was huge news back in 2007 when Wal-Mart dropped its controversial plans to start up an industrial bank in Utah. The retail giant was bitterly criticized by many, which made it impossible to move forward. But now, in the wake of retail anger directed at big consumer banks, Wal-Mart is back in t
New rules on emission to hit IT?
It's hardly a secret that cutting the collective carbon footprint of U.S. industry hovers near the top of the current administration's to-do list. Many companies have already been pondering their
Time for Wal-Mart to take on Bank of America?
Recall that two years, Wal-Mart's application to create an industrial loan company galvanized opposition--from the Federal Deposit Insurance Corp., rival banks and the many populist Wal-Mart critics. But that was then. Nowadays, you can't blame people for proposing that some new entrants into the
Wal-Mart enters banking after all
Remember the outcry that doomed Wal-Mart's attempt to open an industrial bank in Utah? The giant retailer was forced to give up its efforts. But it found a way into the market after all--in Mexico. Fortune reports that Wal-Mart de México opened its first consumer bank in November, Banco W
Wal-Mart whistleblower drama still alive
The saga of Wal-Mart employee Chalace Epley Lowry continues. The latest news is that OSHA has opened a whistleblower investigation based on her complaints. Recall that she fingered an executive for
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New banking power: PayPal?
There has been lots of worry spent on Wal-Mart and
Wal-Mart pushes deeper into financial services
Wal-Mart has given up its hopes of opening an industrial bank in Utah. But it is finding other ways to provide financial services, to the chagrin of many banks. Its latest effort is the Wal-Mart
