Bank of America (BAC +0.8%) will sell its Irish consumer credit card unit to Apollo Global...

|About: Apollo Global Management, LLC (APO)|By:, SA News Editor

Bank of America (BAC +0.8%) will sell its Irish consumer credit card unit to Apollo Global (APO), the latest business unit sale by a shrinking BofA. The bank still plans to work with corporate clients on credit cards around the globe, but doesn’t think the international business, which was acquired when it bought credit card giant MBNA, is worth continuing.