BNET Industries
Last Fiscal Year Sales:$4.0B
- Private
Dow Jones Description
MBNA Corporation and Bank of America Corporation have merged, and MBNA is now part of Bank of America. We are committed to providing high quality service to you in more communities across America than any other financial institution. Our customers remain our No. 1 priority. We continue to provide you with higher standards of service and convenience that you expect from a world-class company like Bank of America.
Chairman, President & CEO
John R. CochranNumber of Employees 26,300
Contact Information
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Action Line: Hey, where's my reward?
News & Analysis
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mbna corp. - All News and Analysis
Research and Markets: Strengths, Weaknesses, Opportunities, and Threats of MBNA Corporation
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c89173) has announced the addition of "MBNA Corporation - SWOT Framework Analysis" to their offering. SWOT Analysis, is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying...
Big price tag equals big interest in Bracebridge Hall in Cecil
A $34.5 million price tag has not kept investors from inquiring about Bracebridge Hall, a sprawling waterfront estate now on the market in Cecil County. Potential buyers have been making tentative offers for the 38,000- square-foot mansion and conference center, which sits on 560 acres of land...
Show your affinity--apply for the ACTE card.(Association for Career and Technical Education with MBNA Corp. introduces credit card)(Brief article)
Show your support for ACTE and career and technical education by applying for the ACTE credit card. Through its partnership with MBNA, ACTE is able to offer its members a credit card with a great annual percentage rate APR. In fact, ACTE members who...
MD boards announce staffing changes: September 22, 2006
Upper Chesapeake Health has named M. Scot Kaufman to its board of directors, effective immediately. Kaufman served as chief financial officer of MBNA Corp. and played an instrumental role in helping MBNA become a public corporation. He also was auditor, treasurer and comptroller at the Maryland National Corp. prior to...
PNC Financial to get back into credit cards, end ties with Bank of America
Seven years after it stopped issuing credit cards, PNC Financial Services Group is getting back into the business and ending its card partnership with Bank of America Corp. PNC will roll out its new credit cards Friday, said Dan Tuccillo, head of consumer products for the Pittsburgh-based bank. The cards...
Four area bank call centers to close this year
Bank of America Corp. plans to close four call centers within 90 minutes of Philadelphia by the end of the year as it consolidates offices and jobs acquired in recent mergers. The bank, based in Charlotte, N.C., will close call centers it acquired from FleetBoston Financial Corp. in Horsham,...
Bank of America closing four call centers
Bank of America Corp. is closing call centers it acquired from FleetBoston Financial Corp., in Horsham, Montgomery County, and Christiana, Del.; and from MBNA Corp., in Greenville and Dover, Del., the company said today. The Dover center, at the former Blue Hen Mall on the outskirts of Delaware's state...
Investor Alert!
M2 PRESSWIRE-3 January 2006-The Stockpage: Investor Alert!C1994-2006 M2 COMMUNICATIONS LTD RDATE:03012006 The Stockpage is watching Pacific Gold Corp. (OTCBB: PCFG), Bank Of America Corp, (NYSE: BAC), JP Morgan Chase & Co., (NSYE: JPM), Citigroup Inc., (NYSE: C), American Express Co., (NYSE:...
Bank of America takes over MBNA
WASHINGTON AFP — Bank of America has formally taken over MBNA Corporation, sealing a mammoth 34-billion-dollar banking acquisition and creating the largest credit card issuer in the United States measured by balances. The Charlotte, North Carolina-based Bank of America said as a result of the takeover, which took effect...
10 Deals... ...That mattered in 2005.(News)
The land down under * Cleveland-Cliffs Inc. took another big step into the world market when it bought an 80% stake in Portman Ltd., Australia's third-largest miner of iron ore. It wasn't Australia, though, that sparked Cliffs' interest; Portman sells three-quarters of its ore...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Randall J. Black | Chief Accounting Officer & Assistant Treasurer |
| David Turner | Senior Executive Vice President |
| Michael L. Brosnan | Senior Executive Vice President, Risk Management |
| John W. Scheflen | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John R. Cochran | Chairman, President & CEO |
| Kenneth A. Vecchione | Senior Vice Chairman & CFO |
| Michael G. Rhodes | Executive Vice Chairman & Chief Marketing Officer |
| Charles C. Krulak | Vice Chairman |
| Frank P. Bramble | Executive Vice Chairman |
| Kenneth F. Boehl | Senior Vice Chairman |
| Lance L. Weaver | Vice Chairman |
| Richard K. Struthers | Vice Chairman |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Chairman, President & CEO | Current |
| MBNA Corp. | COO | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Vice Chairman & CFO | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Executive Vice Chairman & Chief Marketing Officer | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Chief Accounting Officer & Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Executive Vice President, Risk Management | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Secretary | Current |
| Ben-Gurion University of the Negev | member | Former |
| Organization | Position | Status |
|---|---|---|
| Tech Bank | Senior Advisor | Current |
| Union Pacific Corporation | Board of Directors | Current |
| Freeport-McMoran Copper & Gold, Inc. | Director | Current |
| Phelps Dodge Corporation | Director | Current |
| MBNA Corp. | Vice Chairman | Current |
| MBNA Europe Bank Limited | Chief Executive Officer | Former |
| MBNA Corp. | chief administration officer | Former |
| United States Marine Corps | Former | |
| Visitors | Chairman of The Board | Former |
| MBNA Europe Bank Limited | Chairman | Former |
| The George Washington University | Master of Science Degree In Labor Relations | Former |
| The George Washington University | Bachelor of Science Degree In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Executive Vice Chairman | Current |
| Bank of America Corporation | Board of Directors | Current |
| MBNA Corp. | Consultant | Former |
| MBNA Corp. | Director | Former |
| Constellation Energy Group, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Senior Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| MBNA Corp. | Vice Chairman | Current |
Ric Struthers is president of Bank of America Global Card Services and is a member of the corporation’s senior management team. In his current role, Struthers oversees the largest credit card portfolio in the United States and Europe serving more than 70 million customers. He is also leads the company’s unsecured lending and international card businesses. In total, he is responsible for nearly $230 billion in managed loans with an emphasis on delivering financial solutions to our customers, product and marketing innovation as well as opportunities for global expansion. Struthers joined the company in January 2006 after serving as Executive Vice Chairman of the MBNA America Bank. Struthers was a founding member of the management team that established MBNA in 1982 and has more than 31 years of management experience in consumer lending. A graduate of Penn State University and the Retail School of Banking at the University of Virginia, Struthers began his financial services career in 1978 at Maryland National Bank, where he was a manager in the Consumer Banking Division. Struthers also serves as the Bank of America Delaware Market President and is a board member of the Bank of America Foundation. He is also a member of the Global Diversity and Inclusion Council and an Executive Sponsor of the Hispanic/Latino Organization for Leadership and Advancement (HOLA). Active in civic affairs, he is a member of the board of directors of Emmaus House, an organization that provides shelter to the homeless and a board member at the Second Mile, an organization focused on prevention, early intervention, and community-based programs for at-risk children. In addition, Struthers serves as the Chairman of the Delaware State Chamber of Commerce. He is a past chair of the Smeal Business School Board of Visitors at Penn State and a member of the National Council on Penn State Philanthropy. Struthers lives with his family in Wilmington, Delaware.
| Organization | Position | Status |
|---|---|---|
| Bank of America Corporation | President, Global Card Services | Current |
| Delaware State Chamber of Commerce | Chairman | Current |
| MBNA Corp. | Vice Chairman | Current |
| Maryland National Bank | Manager, Consumer Banking Division | Former |
| University of Virginia | Graduate, Retail School of Banking | Former |
| The Pennsylvania State University | Graduate | Former |
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