(Reuters) – JPMorgan Chase & Co <JPM.N> 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. (https://bloom.bg/2HuRMwn)
Alliance Data Systems Corp <ADS.N> is among those interested in the portfolio, Bloomberg reported.
JPMorgan, Alliance Data and AARP were not immediately available for comment.
(Reporting by Bharath Manjesh in Bengaluru; Editing by Anil D’Silva)