Breaking News :

Walmart Could Provide Benefit With Physical Bank: Bair

Mar.05 — Former FDIC Chair Sheila Bair says that Walmart could provide banking access to those who otherwise lack access to financial services through its physical stores. Bair was the chair of the FDIC when Walmart applied for an industrial bank charter in 2005 and withdrew its application because it faced backlash from lawmakers and industry groups.

Avatar

Bloomberg Markets and Finance

The latest financial news and market analysis, direct from Bloomberg TV.

Read Previous

Chip Shortage Was a Long Time Coming: Vakil

Read Next

Inflation Caused by Fed Dismissing Concerns as Transient: Summers

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular