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Lloyds to buy MBNA?

planteria · 2016-11-28 09:18:34

talk of Lloyds buying MBNA.. which would significantly change the credit card market in the UK. http://www.dailymail.co.uk/money/markets/article-3958520/Deal-hike-credit-card-bills-Lloyds-7bn-swoop-rival-control-one-four-card-debts.html in the interests of a competitive, varied marketplace, i hope that Cerberus win the…

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System Posts: 178,351 Community Admin

21 December 2016 at 6:42PM

LBG use brand to mean various things but not usually legal entity.
MBNA can be it's own brand (within LBG) using Lloyds banking licence.

GingerFurball wrote: »

Nah, MBNA will be their own brand within Lloyds Banking Group, not Lloyds Bank.

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