Do you think this is a good idea? Would Wal-Mart entering the banking industry help consumers and offer more choices?
What's your take?
Wal-Mart seen in bigger bank role - Wal-Mart may be looking into offering consumers mortgages, home equity lines of credit and consumer loans, according to published reports Thursday.
According to the Wall Street Journal, the world's largest retailer has quietly renegotiated the terms of leases with a number of banks operating in its stores, giving Wal-Mart the explicit right to offer these new financial services to its customers.