NPR logo

The Marketplace Report: BofA Bids for MBNA

  • Download
  • <iframe src="https://www.npr.org/player/embed/4724762/4724763" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
The Marketplace Report: BofA Bids for MBNA

Business

The Marketplace Report: BofA Bids for MBNA

The Marketplace Report: BofA Bids for MBNA

  • Download
  • <iframe src="https://www.npr.org/player/embed/4724762/4724763" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Alex Chadwick talks with John Dimsdale of Marketplace about Bank of America's announcement it will buy independent credit card lender MBNA. The deal will reportedly cost Bank of America $35 billion — and could cost 6,000 workers their jobs.