Report: Wal-Mart moves to offer more financial services
Wal-Mart Stores Inc. has renegotiated the terms of leases with several banks that operate in its stores to give Wal-Mart the right to offer financial service products it does not currently sell, such as mortgages, home-equity lines of credit and consumer loans, according to a report.
The Wall Street Journal reported that at least one of the leases, obtained by Dow Jones Newswires, also gives the store the ability to offer debit cards and investment products.
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