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 ...

NEW YORK — Bank of America’s purchase of MBNA marks the latest consolidation in the credit-card industry, which may translate to higher costs, fewer choices and poorer service for consumers. The deal, ...

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 Corp. said Tuesday its fourth-quarter earnings rose 47 percent, reflecting both the addition of the MBNA credit card company and growth in most of its customer segments. Net income ...

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 ...

CLEVELAND (AP) - The planned sale of credit card giant MBNA Corp. won't have any bearing on the Cleveland Browns, team owner and company chairman Randy Lerner said. Lerner, whose late father helped ...

NEW YORK, June 28 (Reuters) - A federal judge has dismissed a shareholder lawsuit against Bank of America Corp. stemming from alleged mismanagement by MBNA Corp., a credit card issuer that the bank ...

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 ...

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 ...

NEW YORK -- Bank of America, in a bid to become an elite player in the credit-card industry, on Thursday said it agreed to buy credit-card giant MBNA for $35 billion in cash and stock. The acquisition ...

CHARLOTTE, N.C. - 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 ...

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 ...