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  #1  
January 24th, 2017, 06:32 PM
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Bank of America MBNA

Is MBNA Corporation associated with Bank of America , plz tell me about it , as my brother want to go there for doing job after do MBA ??
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  #2  
January 25th, 2017, 09:07 AM
Super Moderator
 
Join Date: Mar 2012
Re: Bank of America MBNA

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina.

As you asking I am telling MBNA Corporation was a bank holding company and parent company of wholly owned subsidiary MBNA America Bank, N.A., headquartered in Wilmington, Delaware, prior to being acquired by Bank of America in 2006.

Bank profile :

Type Public

Traded as NYSE: BAC

S&P 100 Component

S&P 500 Component

Industry Banking, Financial services

Predecessor Bank America

NationsBank

Founded October 17, 1904; 112 years ago (as Bank of Italy)

February 1930; 86 years ago (as Bank of America)

1998; 19 years ago (current)

Founder Amadeo Giannini

Headquarters Charlotte, North Carolina, United States

Area served Worldwide

Key people Brian T. Moynihan (CEO)

Products Consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, private equity, wealth
management, credit cards,

Revenue US$82.50 billion (2015)

Operating income US$21.89 billion (2015)

Net income US$15.89 billion (2015)

Total assets US$2.185 trillion (2016)

Total equity US$256.2 billion (2015)

Number of employees 210,516 (2016)

Divisions Bank of America Home Loans, Bank of America Merrill Lynch

Subsidiaries Merrill Lynch

U.S. Trust

Capital ratio 10.2% (2015)

Rating Long Term Senior

Moody's: Baa1 (10/2016)

S&P: BBB+ (10/2016)

Fitch: A (10/2016)


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