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 ...
Lloyds announced that it had agreed to buy the MBNA UK credit card business from Bank of America. The acquisition will likely result in lower special dividends. That being said, the deal is value ...
CHARLOTTE, N.C. ? Bank of America Corp. Thursday said it will acquire MBNA Corp. in a $35 billion cash and stock deal that will result in 6,000 job cuts but transform the nation's third-largest bank ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. "Today marks the start of an exciting new era for Bank of America in ...
Bank of America Corp. has received the approval of the Federal Reserve Board to proceed with its $35 billion bid to acquire credit card issuer MBNA Corp., the Charlotte, N.C.-based banking giant said ...
Bank of America Corporation today received approval from the Board of Governors of the Federal Reserve System of its application to merge with MBNA Corporation. The merger is expected to close on Jan.
NEW YORK — Merrill Lynch today announced a strategic partnership with MBNA America Bank N.A., the largest independent credit card lender in the world, to develop, market and service a full line of ...
On the heels of other roll-outs of MasterCard’s PayPass contactless chip, MBNA America Bank has begun issuing PayPass cards to its new and existing card users in Atlanta, GA. More customers and ...
LONDON, Dec. 20 (UPI) --Lloyds Banking Group on Tuesday announced plans to purchase Bank of America Corp.'s credit card business, MBNA, for $2.35 billion in the British bank's first major acquisition ...
NEW YORK (New York Times News Service) - Seeking to grab a bigger share of consumers' business by becoming a powerhouse in credit cards, the Bank of America Corp. announced plans on Thursday to ...
Bank of America Corp. on Thursday said it will acquire MBNA Corp. in a $35 billion cash and stock deal that will result in 6,000 jobs cuts but transform the nation’s third-largest bank into one of the ...
CHARLOTTE, N.C. – In an aggressive move that reinforces Bank of America’s dominance of consumer banking, the nation’s third-largest bank said yesterday it will buy credit-card leader MBNA in a deal ...
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