Fed Approves Bank of America, MBNA Merger
The Federal Reserve has announced its approval of the Bank of America acquisition of MBNA:
The Federal Reserve Board on Thursday announced its approval of the proposal filed by Bank of America Corporation, Charlotte, North Carolina, to merge with MBNA Corporation and acquire its two subsidiary banks, MBNA America Bank, National Association and MBNA America (Delaware), N.A., all in Wilmington, Delaware.

Axalto has announced it has been selected by Carte Bleue for the launch of the Gift Card, the first prepaid EMV (Europay MasterCard Visa) payment card for the consumer market.





