JPMorgan considers sale of $1 billion AARP credit-card portfolio - Bloomberg

(Reuters) - 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. (https://bloom.bg/2HuRMwn)Alliance Data Systems Corp is among those interested in the portfolio, Bloomberg reported. JPMorgan, Alliance Data and AARP were not immediately available for comment.