CORRECTED-Scotiabank to buy credit card portfolio from JPMorgan in Canada

October 15, 2015 5:12 PM

41 0

Oct 15 (Reuters) - Bank of Nova Scotia said it will buy a MasterCard Inc and private label credit card portfolio and related operations from JPMorgan & Chase Co .

The portfolio, which is associated with Sears Canada Inc , includes about C$1.7 billion ($1.32 billion) in receivables and 2 million active customer accounts.

Also watch: WWE NXT TakeOver: Orlando card, matches, rumors, date, start time

Read more

To category page

Loading...