US to open up banking market to non-banks?

8. November 2017.

“US regulations that bar companies such as Wal-Mart Stores Inc from providing banking services need to be reviewed as they reduce competition thereby concentrating more risk among a smaller number of banks, a US banking regulator said… Noreika on Wednesday said that allowing non-financial companies to run banks could strengthen the banking system by boosting […]

Read the rest of US to open up banking market to non-banks? at NFC World.

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