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...Credit card company American Express paid 15 per cent of executives’ annual bonuses for diversity, talent and culture achievements....
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Discover today is one of four card networks standing — it is the smallest after Visa, Mastercard and the third-place American Express....
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
...Worldwide protests As that episode illustrates, some European politicians rarely miss a chance to play the national protectionist card when agricultural unrest hits the headlines....
...This explains the underwhelming reaction to American Express boss Steve Squeri reporting another quarter of record revenues and earnings. Consumer spend is up....
...More energy industry news: Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation....
...They also give away hundreds of millions of New Taiwan dollars in drawings to express their gratitude towards employees over the past year....
...Now the chief executive of Apollo Global Management is stoking a fierce debate about how the institution itself is governed. “Trustees, including myself, failed to do our job....
...JPMorgan said it was facing a 25 per cent jump in capital requirements, while analysts at Autonomous predicted American Express might need 40 per cent more capital....
...Even credit card companies are jumping in, with American Express offering $250 to new current account customers....
...Other companies: Telecommunications company AT&T, credit card giant American Express and tobacco manufacturer Philip Morris are all reporting today before the bell....
...Meanwhile, mature payments businesses such as American Express are doing nicely enough, albeit with weaker consumer spending dragging on sentiment....
...Developing the niche markets of Diners, American Express.” The First Worldwide Carders Conference was the brainchild of the administrators of a landmark website, carderplanet.com....
...It also outstrips competitors such as American Express which is offering 3.75 per cent and Goldman’s standalone savings account that operates under the Marcus brand, which offers 3.9 per cent....
...American Express set aside more money for bad loans than Wall Street expected, sending another potential warning about the health of the US consumer at a time of high inflation and rising interest rates....
...Job moves American Express chief financial officer Jeffrey Campbell will retire in August after 25 years at the credit card group. He’ll be replaced by deputy CFO Christophe Le Caillec....
...Shares of American Express, which derives some of its income from payment processing fees, fell almost 1 per cent on Thursday....
...“CEOs have to ensure AI is trustworthy,” says Ken Chenault, former chief executive of American Express and co-chair of the Data & Trust Alliance, a non-profit consortium of large corporations that is developing...
...Stephen Squeri, chief executive of American Express, admitted to analysts on Thursday that he too is “paranoid” about Apple and Amazon, which he called “phenomenal” companies with deep links to the consumer...
...Bondholders — unlike shareholders — do not have the ability to express their disapproval of a company’s climate policies at annual meetings....
...colony organism that is a limited liability corporation....
...“The passport or identity card photograph is the one photograph we all have,” he says....
...In a nod to the crisis, but with his characteristic Midwestern folksy charm, he took out two name cards when questioned on the matter....
...The story from Mastercard and American Express was almost identical. Mastercard’s CEO noted the combination of low unemployment, higher wages and elevated savings as supporting spending....
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