Bank of America announced Monday the sale of its credit cards in Britain, Ireland and Canada.
In Canada, the U.S. bank has an agreement with TD Bank Group on a portfolio of $ 8.6 billion, according to a statement released Monday, however, reveals that the amount of the transaction.
TD Group said it would pay a "modest premium" of the approximately 1.8 million customer accounts at Bank of America again.
Bank of America also announced the sale of its credit cards in Spain in theprivate equity fund Apollo Capital Management.
The first U.S. bank seeking to strengthen its capital reserves as it faces several legal disputes inherited from the takeover of the mortgage company Countrywide.
Bank of America, which has lost more than 22 billion dollars over the last four quarters in its mortgage business, was announced in late June have resolved almost all of a dispute relating to securities linked to mortgagesfrom Countrywide, upon payment of $ 8.5 billion in cash.
