JPMorgan Chase & Co is looking to sell the credit-card portfolio it built through a partnership with the nonprofit AARP, Bloomberg reported on Tuesday, citing people familiar with the matter.
The sale would include about $1 billion in credit-card receivables, according to the report.
Alliance Data Systems Corp is among those interested in the portfolio, Bloomberg reported.
JPMorgan, Alliance Data and AARP were not immediately available for comment.
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