Bank of America, Contracts, credit card, credit card business, Daily News, Issuing & Acquiring, Lloyds Banking Group -

Lloyds front-runner for BofA’s UK credit card business

Lloyds Banking Group has emerged as the leading bidder for Bank of America’s (BofA) £7 billion (A$12 billion) credit card business in Britain, taking the UK lender closer to its first acquisition since being rescued by the taxpayer more than seven years ago. According to reports, Lloyds had moved ahead of US private equity group [...]

The post Lloyds front-runner for BofA’s UK credit card business appeared first on Payments Cards & Mobile.