Wal-Mart Bank Bid Gets Record Comments, FDIC says

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00013736-wal-mart-bank-bid-gets-record-comments-fd/

By Jonathan Stempel, Reuters

The Federal Deposit Insurance Corp. said Wal-Mart Stores Inc.’s bid to open a bank in Utah has generated more than 1,000 comments, more than any other application subject to public commentary.

In a letter dated Thursday to members of the House of Representatives’ Committee on Financial Services, FDIC Chairman Donald Powell said the agency would look into whether holding public hearings on the application by the world’s largest retailer is in the public interest.

For this complete story, please visit Wal-Mart Bank Bid Gets Record Comments, FDIC says.

Wal-Mart Bank Bid Gets Record Comments, FDIC says

Unknown Author

Featured Resources

Webinars

RA Compliance Corner: Managing Your Service Providers- Do you really have it all in order?

About