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16min chapter
Visa
Acquired
The Formation of National Bank of America, Inc.
This chapter discusses the challenges faced by the person referred to as 'D' in architecting and convincing other franchisee banks to join a new organization called National Bank of America, Inc. It explores the ownership structure, operating regulations, and the business model of interchange within the organization. It also clarifies the legal structure of Visa and highlights its democratic governance.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode