New FDIC chief asks for industrial bank feedback

08/15/2006 | Wall Street Journal, The

New Federal Deposit Insurance Corp. chief Sheila Bair announced plans to seek public feedback on the risks and benefits presented by industrial banks, as part of the FDIC's six-month review of the entities. Wal-Mart Stores and The Home Depot are among the latest high-profile firms seeking to set up their own banks.

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