(Reuters) - NEW YORK, June 20 - Wal-Mart Stores Inc. said on Wednesday that it intends to open 1,000 Wal-Mart MoneyCenters and launch a reloadable prepaid Wal-Mart MoneyCard, in a major expansion of financial services the retailer provides to its base of low-income customers.
The company earlier this year withdrew an application with U.S. bank regulators to operate a specialty bank in the face of immense opposition from politicians, consumer groups and community banks.
Read more at Reuters.com Bonds News
The company earlier this year withdrew an application with U.S. bank regulators to operate a specialty bank in the face of immense opposition from politicians, consumer groups and community banks.
Read more at Reuters.com Bonds News
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