HSBC (HBC) confirms it's in talks to sell its U.S. credit card and retail services business...

|By:, SA News Editor

HSBC (HBC) confirms it's in talks to sell its U.S. credit card and retail services business following a report yesterday that Capital One (COF) is in negotiations to buy the U.K. bank's $30B U.S. credit-card portfolio. However, HSBC didn't comment on whether COF is involved. HSBC -6.4% in London.