Bank of America Corp.'s deal on Monday to sell its unwanted Canadian card assets is the latest example of how smaller acquisitions are fueling a slow revival in the credit card portfolio sales market.

Bigger deals, like Capital One Financial Corp.'s planned takeover of HSBC's $30 billion U.S. card portfolio, have grabbed the headlines in recent weeks. But BofA's disposal of its $8.6 billion Canadian portfolio, along with other, smaller sales, will likely account for the bulk of card M&A activity this year, experts said.

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