NEW YORK, March 16 - U.S. stocks turned negative on Monday after American Express Co said the number of people having trouble making credit card payments rose in February. * Shares of American Express fell...
The Federal Reserve has granted a request by American Express Co. to become a bank holding company, opening the door for the credit card giant to accept deposits and permanently access financing from the Fed.
* CEO cites improving economy * AmEx had cut pay as defaults rose. * Other expenses still being curbed * Shares close up 0.74 percent NEW YORK, Sept 24 - American Express Co will reverse...
Industrial and Commercial Bank of China (ICBC)<601398><1398>, the world's largest lender by market value, announced yesterday that Allianz Group and American Express, have disposed of part of their shares in the Chinese lender through private placement, without specifying the buyers of the shares....
Allianz SE and American Express Co are considering selling their holdings in Industrial and Commercial Bank of China (ICBC)<601398><1398>, the world's largest lender by market value, sources reported, citing a person familiar with the matter.Allianz and American Express hold 0.38% and 1.93% in the...
HONG KONG, April 28 - Industrial and Commercial Bank of China, the world's biggest bank by market value, said Allianz and American Express had sold shares in the Chinese lender as the shares are freed...
* Amex cutting 6 percent of workforce * Company "very cautious" about economy * Shares edge lower after-hours (Adds details, spokesman comment, byline) NEW YORK, May 18 - American Express Co, the credit card and...
* Amex cutting 6 percent of workforce * Company cautious about economy * Shares edge lower after-hours NEW YORK, May 18 - American Express Co, the credit card and travel services company, on Monday said...
* AmEx does not plan to raise common equity * Shares rise 3.0 percent in after-hours trading (Adds CFO comment, updates share price) NEW YORK, May 7 - American Express Co asked on Thursday for...
* AmEx has received $3.4 billion in TARP funds * Shares rise 2.4 percent in after-hours trading NEW YORK, May 7 - American Express Co asked on Thursday for permission to repay the $3.4 billion...