Bank of America and MBNA Merger Will Result in Major Shakeup in the Card Industry

Posted On: July 6, 2005

Bank of America recently announced a final agreement to obtain MBNA Corporation.    This will combine the largest bank in the U.S. with a major provider of credit cards and payment methods and will greatly improve Bank of America customer reach and product mix.
Upon completion, Bank of America will become one of the largest [...]