Because Wal-Mart’s bank charter had taken their customers away, the banks started crying that Wal-Mart was unfair competition!
Will your next bank be Wal-Mart? Probably not for most folks but for many, it already is.
Unlike junk bonds, senior floating-rate bank loans have an added bonus in that the principal is theoretically secure.
Getting your credit card from the local bank has more benefits than potentially lower costs.
As people get fed up with fees that continue to increase, many have switched to smaller institutions that do not charge as high of fees, but a good number of people have decided that that can live without a bank account.
For these people there is an alternative to cash, as Wal-Mart's push into banking has greatly expanded the financial services customers can access at their stores.
The Winklevoss brothers (of Facebook infamy) has created a Bitcoin ETF.
Talk about chutzpah. Freddie Mac suing the banks is like Bernie Madoff suing the SEC for not stopping him sooner.
the Journal indicates that banks increase auto lending to consumers by easing auto loan standards considerably.
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