December 7, 2021

Lloyds snaps up MBNA for £1.9bn

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By Rob Daviesand Jill Treanor From The Guardian UK Deal to buy credit card issuer with 7m clients and gross value of £7bn is bank’s first major acquisition since financial crisis Lloyds Banking Group is to spend £1.9bn on MBNA, a credit card business owned by Bank of America, as the bailed-out lender continues its […]