Wal-Mart Argues for Industrial Bank at FDIC Hearing

by Lance Turner  on Tuesday, Apr. 11, 2006 12:00 am   2 min read

Wal-Mart Stores Inc. of Bentonville testifies at the first of two Federal Deposit Insurance Corp. hearings on the retailer's industrial bank application, and the president of the Fed in St. Louis predicts that industrial banks will be an issue in 2006.

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