Bank of America (BAC -0.3%) conducts yet another asset sale: Its FIA Card Services division is...

|About: Bank of America Corporation (BAC)|By:, SA News Editor

Bank of America (BAC -0.3%) conducts yet another asset sale: Its FIA Card Services division is unloading a $700M credit-card loan portfolio to U.S. Bancorp's (USB +1.1%) Elan Financial unit. The move comes 6 months after FIA sold a $1B portfolio to Regions Financial (RF).