SAN JOSE, Calif. - (08/12/04) -- Technology CU said it has agreed tosell its credit card portfolio to MBNA, the world's largest creditcard bank. The deal includes $35 million in card receivables. Thecredit union will continue to be an agent for MBNA and its namewill appear on the cards. Financial terms of the deal were notdisclosed.
The newly minted Fed chairman announced working groups for his five top policy priorities and strictly refrained from forward guidance in his debut press conference Wednesday afternoon.
The Cincinnati bank has launched a navigational aid to help customers get to what they need in fewer steps.
The state would join New York in governing the up-and-coming credit product. Industry and consumer advocacy groups say there's still room for improvement.
The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
The payment company is "exploring options" for PayPal Ventures as new CEO Enrique Lores tries to reverse an earnings slump.
The Spanish banking giant's pending acquisition of Webster Financial is still awaiting approval from the Federal Reserve Board and the European Central Bank. The deal is expected to close during the second half of 2026.
