SubscribeBuck Higgs Closer to Becoming a Bank
COVINGTON, LA. (Nov. 29) - Buck Higgs, a down-at-the-heels hobby farmer living four miles north of this small southeast Louisiana town, said today that he would seek a banking charter from New York State’s banking department, a key step in his effort to change his business model and attract deposits. This action comes immediately after Goldman Sachs announced that it had won the same kind of charter in an “effort to change its investment banking model and gather deposits.” Two months earlier,
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