SearchTags: mbna corpDebtors' Diligence Pinches Card Issuers29th May 2006 The credit card industry has a problem: Although Americans are deeper in debt than ever, they are paying off bigger portions of their monthly credit card bills.
For card issuers, which profit by collecting interest on unpaid balances, that's bad news. In… more » MBNA Corp sets $2.5 bln credit card ABS24th May 2006 MBNA Corp. priced $2.5 billion of asset-backed securities supported by credit cards, a source familiar with the deal said on Monday.
Banc of America Securities was lead manager for the offering, the source said.
MBNA was acquired by Bank of America Cor… more »
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Bof A Offers PetRewards Credit Card24th May 2006 Bank of America Corp. will offer PetRewards Visa cards that allow customers to display photos of their pets on the card.
The card, which carries no annual fee, gathers reward points for pet-related expenses and donations to participating animal shelters… more » Categories: Credit Card News |
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