MBNA's new promotion: Itself

Article Abstract:

MBNA Corporation issues 5,000 credit-card brands for college alumni, professional, hobbyist, business groups, and pro sports, and more than two million Americans hold MBNA's NFL-brand credit cards alone. Even as it uses the super bowl ad to showcase its credit cards and partners such as NFL, MBNA is preparing the way to expand its sale of other services in the bank's own name.

Marketing procedures, All Other Plastics Product Manufacturing, Plastic Credit Cards, Banking industry, Credit cards, Marketing, Company marketing practices, MBNA Corp.

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Shareholders allege First Union coverup

Article Abstract:

A class-action suit has been filed by stockholders against First Union Corp. The suit alleges that the bank's officials made false and misleading statements in order to inflate stock prices. In January First Union admitted that its acquisition of CoreStates Financial Corp. was not going as smoothly as had been asserted and that profits were decreasing.

Legal issues & crime, Financial Holding Companies, Offices of Bank Holding Companies, First Union Corp., CoreStates Financial Corp.

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A confidence not shared by all. The regional Sovereign Bancorp is expanding into New England under an enthusiastic chairman. But its share price and bond ratings are down

Article Abstract:

Sovereign Bancorp Inc. (Philadelphia, PA) borrowed heavily to buy 270 branch banks from Fleet Financial Groups Inc. Critics point out that the company's stock is now trading at $8 or $9.

Sovereign Bancorp Inc., Quick and Reilly Inc.

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