--JPMorgan Chase & Co. (JPM) might sell its $1 billion AARP credit-card portfolio, Bloomberg reports Tuesday, citing "people with knowledge of the matter."

--Alliance Data Systems Corp. (ADS) is said to be one of the parties interested in purchasing the asset, the report said.

--JP Morgan, Alliance Data and AARP all declined comment, the report said.

Full story: https://www.bloomberg.com/news/articles/2019-08-27/jpmorgan-weighs-sale-of-1-billion-aarp-credit-card-portfolio

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

August 27, 2019 19:14 ET (23:14 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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