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Hispanic Banking: The Race Is On
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******************************** Hispanic Banking: The Race Is On http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1028 With Hispanics now constituting the largest minority in the United States – some 40 million people – their appeal to financial institutions is growing. Spanish banks are taking advantage of their strong presence in Latin America to move into the United States, even as U.S. banks are trying to take advantage of the growing Hispanic presence in their country to expand into Latin America. Part of the appeal: Many Hispanics do not even have a bank account.
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