American Express

From Wikipedia, the free reference book

Hop to navigationJump to look

American Express Company 

American Express logo (2018).svg 

Type

Open

Exchanged as NYSE: AXP

DJIA part

S&P 100 part

S&P 500 part

Industry Banking

Money related administrations

Predecessor Livingston, Fargo and Company

Wells, Butterfield and Company

Wells and Company

Founded March 18, 1850; 168 years back, in Buffalo, New York, U.S.

Headquarters 200 Vesey Street, New York City, New York, U.S.

Zone served

Around the world

Key individuals

Stephen J. Squeri

(Administrator and CEO)

Jeffrey C. Campbell

(Official VP and CFO)

Products Charge cards

Charge cards

Voyager's checks

Corporate managing an account

Services Finance

Protection

Travel

Revenue Increase US$ 33.47 billion (2017)

Working pay

Reduction US$ 7.41 billion (2017)

Net pay

Reduction US$ 2.74 billion (2017)

Add up to assets Increase US$ 181.16 billion (2017)

Add up to equity Decrease US$ 18.23 billion (2017)

Number of representatives

~55,000 (2017)

Website AmericanExpress.com

Commentaries/references

[1][2][3]

The American Express Company, otherwise called Amex, is an American worldwide budgetary administrations organization headquartered in Three World Financial Center in New York City. The organization was established in 1850 and is one of the 30 segments of the Dow Jones Industrial Average.[4] The organization is best known for its charge card, Mastercard, and explorer's check organizations. 

In 2016, charge cards utilizing the American Express system represented 22.9% of the aggregate dollar volume of Visa exchanges in the US.[5] As of December 31, 2017, the organization had 112.8 million cards in power, incorporating 50 million cards in power in the United States, each with a normal yearly spending of $18,519.[3]

In 2017, Forbes named American Express as the 23rd most important brand on the planet (and the most elevated inside money related administrations), evaluating the brand to be worth US$24.5 billion.[6] In 2018, Fortune positioned American Express as the fourteenth most appreciated organization worldwide,[7] and the 23rd best organization to work for.[8]

The organization's logo, received in 1958, is a combatant or centurion[9] whose picture shows up on the organization's explorer's checks, charge cards and Mastercards.

Substance

1 Early history

1.1 American Express structures

1.2 Nationwide development

1.3 Financial administrations

1.4 Loss of railroad express business

1.5 Investment keeping money

2 Recent history

2.1 Charge card administrations

2.2 "Boston Fee Party"

2.3 Conversion to bank holding organization

2.4 Charging request discussion in the UK

2.5 CFPB implementation activity

2.6 Costco eliteness course of action (2004– 2016)

3 Finances

4 Card items

4.1 Consumer cards 

4.2 Card acknowledgment outside the United States 

4.3 Card plan

4.4 ExpressPay

4.5 American Express OPEN

4.6 Commercial cards and administrations


Comments

Popular posts from this blog