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 ...
MBNA Corporation was a bank holding company and parent company of wholly owned subsidiary MBNA America Bank, N.A., headquartered in Wilmington, Delaware, prior to being acquired by Bank of America in ...
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 ...
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 ...
Toronto-Dominion Bank has completed an acquisition deal with MBNA Canada. The $192 billion-asset TD assumed almost all of MBNA Canada's credit card portfolio along with other assets and liabilities, ...
The FINANCIAL — Bank of America announced on December 20 that it has agreed to sell its consumer credit card business in the United Kingdom, MBNA Ltd., to Lloyds Banking Group. The sale completes the ...
Before Torruella, Lipez and Howard, Circuit Judges. The Fair Credit Reporting Act imposes certain obligations on entities that furnish credit information to consumer credit reporting agencies (CRAs).
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 ...
WASHINGTON (MarketWatch) -- Federal banking regulators approved Bank of America's $35 billion acquisition of credit-card giant MBNA Corp. on Thursday. The Federal Reserve OK'd the transaction after it ...