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Fed Approves Bank of America, MBNA Merger

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

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.

Posted: Dec 15, 2005 02:29 PM Pacific | Permalink | |

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