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    American Express Co

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    • 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

    • 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

    • 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

    • 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

    • 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

    • 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

    • 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

    • 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

    • Friday, 20 March, 2020
      On Wall StreetRobert Armstrong
      We’re about to find out how smart the big banks have been

      Fears over coronavirus effects have battered share prices, especially for card lenders

    • Friday, 24 January, 2020
      Credit cards
      Shares in US credit card companies plunge as expenses rise

      Discover and Synchrony also hit by impact of new accounting rule

    • Friday, 18 October, 2019
      FT AlphavilleSales & Marketing
      Today, in fintech marketing

      For those who are fierce, fearless and, um, freedom. 

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