Bank of America Corp. will acquire MBNA Corp. — the credit card giant that traces its roots to the Baltimore area, where it still has operations — in a $35 billion cash and stock deal that ...

After the announcement, NYSE-listed shares of MBNA surged $5.34, or 25 percent, to $26.41 in early trading on the New York Stock Exchange. Shares of Bank of America fell 83 cents, or 1.8 percent ...

If completed, the acquisition of MBNA -- the biggest independent credit card issuer -- would put Bank of America just ahead of JPMorgan Chase & Co. and Citigroup Inc. in the amount loaned out on ...

NEW YORK – Bank of America Corp. (BAC) said Thursday it will acquire MBNA Corp. (KRB), one of the world's largest credit-card companies, in a $35 billion cash and stock deal that will result in ...

Bank of America Corp. said Thursday it will acquire MBNA Corp., one of the world's largest credit-card companies, in a $35 billion cash and stock deal that will result in a cut of 6,000 jobs.

When Bank of America's $35 billion takeover of credit card giant MBNA was completed earlier this year, the bank's chief exec, Kenneth Lewis, hailed it as "the start of an exciting new era for Bank ...

NEW YORK — Bank of America Corp. agreed to acquire MBNA Corp. for $35 billion to enhance its product mix and customer reach. In a press release Thursday, the companies said the bid values MBNA at ...

Bank of America Corp.'s deal to acquire MBNA Corp. for $35 billion in cash and stock will create one of the world's largest card providers, but Bank of America's Chairman and Chief Executive ...

And in buying MBNA, Bank of America also is taking over a firm that issues credit cards for many of its rivals, including fellow Charlotte, N.C.-based bank Wachovia Corp.

Bank of America Corp. on Sunday completed its acquisition of MBNA Corp. in a deal worth about $34.2 billion, the nation's second-largest bank said.