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What are the differences between commercial and investment banking?
What services do they both provide?
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"Several years ago Wal-Mart (WMT) wanted to get into the banking business, and the industry opposed the retailing giant’s move. But the world is quite a different place now, and opening up the market to more competition for basic banking services, such as checking, savings, and debit cards, could benefit consumers."
Source: http://www.businessweek.com/investor/content/jan2010/pi20100115_247526.htm
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