UPDATE 1-U.S. should let more companies offer bank services -regulator
November 08, 2017 at 11:10 AM EST
WASHINGTON/NEW YORK, Nov 8 (Reuters) - U.S. regulations that bar companies such as Wal-Mart Stores Inc from providing banking services should be reviewed as they reduce competition and concentrate more risk among a smaller number of banks, a U.S. banking regulator said on Wednesday.