HSBC Holdings, the biggest bank in Europe, has sold its Marbles and Beneficial branded credit cards in Britain to a specialist lender, SAV Credit, for 385 million ($796 million). HSBC said the portfolios consisted of 338,000 accounts and were not a core part of its strategy to expand its card business. HSBC acquired Marbles as part of its purchase of Household, a lender in the United States, in ...
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[Source: Yahoo! News Search Results for credit cards]
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