Bank of America Corp. said Monday that it is selling an $8.6 billion credit card portfolio in Canada and plans to unload $19 billion of card loans in Europe as it works to exit the international card business.The Charlotte, N.C., company has agreed to sell its Canadian portfolio to TD Bank Group for an undisclosed amount, though TD said in a separate release that it will pay a "modest premium" on the portfolio.

BofA also is putting up for sale portfolios in the United Kingdom and Ireland after striking a deal Aug. 3 to sell its Spain card business to Apollo Capital Management  and a $200 million small-business card portfolio to Barclays in April.

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