Lloyds boosts UK credit card business with MBNA deal
LLoyds Bank has struck a £1.9bn deal to buy credit card company MBNA from a subsidiary of Bank of America, in its first acquisition since a taxpayer-funded rescue more than seven years ago. Patrick Jenkins asks Martin Arnold, FT banking editor, what...
FT News in Focus · Financial Times
December 20, 20165m 28s
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Show Notes
LLoyds Bank has struck a £1.9bn deal to buy credit card company MBNA from a subsidiary of Bank of America, in its first acquisition since a taxpayer-funded rescue more than seven years ago. Patrick Jenkins asks Martin Arnold, FT banking editor, what the deal means for the UK bank. Music by Kevin MacLeod
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