Suppose Walmart is allowed to open a bank that accepts deposits and makes loans at its U.S.

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Suppose Walmart is allowed to open a bank that accepts deposits and makes loans at its U.S. stores.
a. How might this affect existing banks, especially community banks?
b. In general, who might gain and who might lose if Walmart opens a bank?

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Money Banking and Financial Markets

ISBN: 978-1429244091

2nd edition

Authors: Laurence M. Ball

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Question Posted: Dec 05, 2015 03:44 AM

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Suppose Walmart is allowed to open a bank that accepts deposits and makes loans at its U.S.

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a Currently many community banks have branches within Walmart stores socalled instore independent ba...View the full answer

Money Banking and Financial Markets

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