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NewsReader 11-24-2006 03:15 AM

In Mexico, Wal-Mart means money in bank (Houston Chronicle)
Public opposition has all but killed Wal-Mart's plans to open its own bank in the United States. But in Mexico, its push for a bank is sailing through. The Finance Ministry has given final approval for the bank, Wal-Mart de Mexico said Wednesday. It will begin operating during the second half of 2007 and be called Banco Wal-Mart de Mexico Adelante.

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