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Bank of America to Close $35B MBNA Deal

Tags » Bank of America, Card Issuers » Comments (0)

Natalie Gott reports for the Associated Press on Bank of America's plans to complete the acquisition of MBNA this Sunday, January 1, 2006.

When the paperwork is complete, the nation's second-largest bank will have 40 million active credit card accounts on its ledger, making it one of the leading worldwide payments-services companies and issuers of credit, debit and prepaid cards based on total purchase volume.

Posted: Dec 30, 2005 05:41 AM Pacific | Permalink | |

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