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3Q Earnings: Sears Card-Biz Woes Deepen, Charge Hits MBNA Bottom Line

Authors :
Kuykendall, Lavonne
Source :
American Banker. Oct 18, 2002, 4
Publication Year :
2002

Abstract

MBNA Corp. closed out the reporting season for the major card monolines, announcing Thursday that its third-quarter earnings were down 17% from last year because of a charge posted in [...]

Details

ISSN :
00027561
Database :
Gale General OneFile
Journal :
American Banker
Publication Type :
Periodical
Accession number :
edsgcl.93010283