BofA may expand card unit in Europe
Bank of America Corp. could open credit-card businesses in Portugal and Italy next year, expanding its European credit-card division from the United Kingdom, Ireland and Spain.
In a recent interview with the Observer, division President Lance Weaver said the company is exploring operations in the two countries, though no final decision has been made.
Weaver also said the division will continue as MBNA Europe, rather than converting to the Bank of America brand.
The Charlotte company's symbol is a stylized version of the American flag, colored red, white and blue. In Europe, the bank will use only a single color -- leaving a symbol that more resembles a square of parquet flooring.
In a recent interview with the Observer, division President Lance Weaver said the company is exploring operations in the two countries, though no final decision has been made.
Weaver also said the division will continue as MBNA Europe, rather than converting to the Bank of America brand.
The Charlotte company's symbol is a stylized version of the American flag, colored red, white and blue. In Europe, the bank will use only a single color -- leaving a symbol that more resembles a square of parquet flooring.
Read more at: BofA may expand card unit in Europe
posted by e-borneo.com @ 5:45 PM
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