Banco Wal-Mart | Arkansas Blog

Banco Wal-Mart

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You remember when Wal-Mart said its controversial proposal to set up a so-called industrial bank in the U.S. was not aimed at entering the banking market, but merely a tool to process check and credit transactions. Perhaps that's true. Just as it's perhaps true that the company is content to operate a single liquor store in Arkansas for all time.

But this is also true. Wal-Mart is about to get into retail banking in Mexico, the LA Times reports.

From the ArkTimes store

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