Toyota Motor Corp. says it has received permission to establish a bank in Nevada that will provide settlement and other financial services to U.S. Toyota dealers. Toyota says it will set up the bank with $10 million in capital. Dealers will be able to open accounts and perform services over the Internet. Operations likely will be limited to cash-management services for dealers, and Toyota says it has no intention of expanding into full-service banking. The auto maker has not announced ...
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