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      American Express Co

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      • Friday, 20 October, 2023
        Lex
        Amex: corporate spending slowdown need not jangle nerves

        US businesses are tightening their belts, but Amex is bolstered by its affluent customer base

        American Express boss Steve Squeri
      • Sunday, 17 September, 2023
        The CEO
        American Express’s Steve Squeri: ‘If you’re not ready for the upswing, you’ve missed’

        Chief executive who made bold moves during pandemic is facing fresh economic upheaval

        Steve Squeri
      • Sunday, 27 August, 2023
        Executive Pay
        Investors warn ‘fluffy’ ESG metrics are being gamed to boost bonuses

        Majority of S&P 500 companies use environmental, social or governance criteria to guide pay

        A Southwest Airlines ground crew member organises unclaimed luggage at Los Angeles International Airport last year
      • Monday, 8 May, 2023
        LexCredit cards
        Credit cards: issuers could use their own flexible friends Premium content

        Concerns profitability has peaked following a strong 2022 are not baseless, but even so credit cards remain a lucrative business

        The American Express logo displayed on a screen at the New York Stock Exchange
      • Friday, 27 January, 2023
        Lex
        Amex: big spending keeps plastic fantastic Premium content

        US shoppers continue to use their cards, but there are investor concerns over credit quality and higher funding costs

        A credit card is seen in front of an American Express logo
      • Friday, 21 October, 2022
        American Express sets aside more money to cover potential loan losses

        Provision by credit card group takes gloss off better than forecast quarterly results

        A credit card next to an American Express logo
      • Friday, 21 October, 2022
        Lex
        American Express: investors should not take fright at provisions Premium content

        The US credit card giant says increasing loan-loss reserves is simply a case of prudent accounting

      • Friday, 29 July, 2022
        James Max
        Rich People’s Problems: Should I ditch my Amex Centurion card?

        The annual fee is rising by more than 50 per cent

      • Wednesday, 11 May, 2022
        Working It podcast16 min listen
        ‘Flight shame’ and the return of business travel

        People still want to hang out together at conferences, but is there a better way to do things?

      • Friday, 22 April, 2022
        Coronavirus economic impact
        Amex says business travel rebound is gaining momentum

        Spending among big companies inches closer to pre-pandemic level as Covid-19 fears recede

        A traveler at the airport in Newark, New Jersey
      • Friday, 1 April, 2022
        American Express payments hit by outages across global network

        Customers unable to use card company’s website, mobile apps and 2-step verification system

        Amex credit cards
      • Wednesday, 26 January, 2022
        Amex gives bullish outlook as customers ‘adapt’ to pandemic

        Card company gains confidence to issue first long-term revenue forecast since Covid-19 hit

        An American Express card
      • Tuesday, 25 January, 2022
        Lex
        Amex/credit cards: awesome rewards are the jokers in the pack Premium content

        Investors who have been piling in should curb their own enthusiasm

      • Friday, 21 January, 2022
        John Gapper
        Debit cards, electric cars and ghosts of technology past

        Many products outlive their usefulness, but it is strangely difficult for companies to let them go

        An old-fashioned typewriter
      • Wednesday, 19 January, 2022
        UK companies
        Nobody home: the story of Quintessentially’s Amex bill

        What’s a $45,000 credit card bill between suitors?

      • Friday, 3 December, 2021
        LexBusiness travel
        Business travel: spac for flight booker coincides awkwardly with Omicron Premium content

        A projected addressable market worth of $1.4tn overall may be a stretch

      • Friday, 23 July, 2021
        Consumer spending rebound boosts American Express earnings

        Credit card company’s revenue rises after five consecutive quarters of declines

      • Friday, 7 May, 2021
        Travel & leisure industry
        Consolidation in business travel sector gathers pace

        Companies move to cushion blow from fall in corporate demand 

      • Friday, 23 April, 2021
        Amex says business travel unlikely to fully recover until 2023

        Credit card issuer misses analyst revenue forecasts as spending remains depressed

      • Thursday, 24 December, 2020
        Due Diligence
        Private equity and hedge funds: an especially wild year in review Premium content

        Needless to say, it’s been a mad year in the realm of alternative investments

      • Monday, 17 August, 2020
        Online lending
        Kabbage sells to American Express after halting lending

        SoftBank-backed small business loan platform made strategic U-turn as pandemic hit

      • Friday, 24 July, 2020
        Amex profits and revenues hit by decline in consumer spending

        Credit card issuer sets aside $628m for credit losses as it counts pandemic costs

      • Wednesday, 27 May, 2020
        Due Diligence
        The Carlyle travel deal cursed by the coronavirus Premium content

        What was billed as a 10-year deal that would be an enduring investment is now in the courts

      • Tuesday, 26 May, 2020
        Carlyle Group LP
        Inside Carlyle’s ‘long-term’ Amex bet that coronavirus cut short

        Private equity firm now wants to walk away from investment in corporate travel business

      • Friday, 24 April, 2020
        Amex says travel and leisure spending by cardholders fell 95%

        Credit card giant sets aside $1.7bn to cover losses and warns more will be needed

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