Bank of America CEO fuels Visa break-away speculation

Bank of America CEO continues the dialogue about the option of independence from Visa.  Analysts point out the scale of the MBNA acquisition adds to the estimated 20% of US Visa business owned by Bank of America.

Finextra: Bank of America CEO fuels Visa break-away speculation

Some analysts suggest that the bank is just sabre rattling as part of a negotiating tactic to lower charges. Others point out that BofA’s recent $35 billion acqusition of MBNA Corp has given it added scale, making a bolt for independence more plausible.

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