Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  American Express Company    AXP

AMERICAN EXPRESS COMPANY

(AXP)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

American Express suspends a director in foreign-exchange pricing probe: WSJ

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/08/2019 | 12:54pm EDT
American Express logo and trading symbol are displayed on a screen at the NYSE in New York

(Reuters) - American Express Co suspended a director in its foreign-exchange department as part of an ongoing investigation into pricing practices in the division, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The department was informed about director Taylor Simonin's suspension last month on a company call, sources told the Journal.

The credit card issuer received subpoenas from the U.S. Department of Justice late October and is also being investigated by other federal agencies for pricing practices at its foreign exchange international payments (FXIP) unit.

The unit offers cross-border payments services mainly to small and middle market business customers in five countries, including the United States.

FXIP accounts for less than 1 percent of AmEx's total revenue and the company does not expect the investigation to hurt overall operations or results.

A spokesperson for AmEx declined to comment on the matter, saying "this is an ongoing review, we do not comment on any personnel issues, whether related to FXIP or not".

(Reporting by Diptendu Lahiri in Bengaluru; Editing by Shinjini Ganguli)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AMERICAN EXPRESS COMPANY
03/19AMERICAN EXPRESS : Plans Live Audio Webcast of the First Quarter 2019 Earnings C..
BU
03/15AMERICAN EXPRESS : Reports 2018 Executive Compensation
DJ
03/15AMERICAN EXPRESS : Proxy
PU
03/15AMERICAN EXPRESS CO : Regulation FD Disclosure (form 8-K)
AQ
03/11PATRICK THOMAS : American Express Acquires Airport Lounge App LoungeBuddy
DJ
03/11AMERICAN EXPRESS : Declares Regular Quarterly Dividend
BU
03/11AMERICAN EXPRESS : To Acquire LoungeBuddy
PU
03/06AMERICAN EXPRESS : Global SMEs are Resilient and Plan to Keep Growing Despite Ec..
BU
03/06AMERICAN EXPRESS : Q-Card Lab Receives AMEX Accreditation for AEIPS and Expressp..
AQ
03/06HILTON WORLDWIDE : Heather Laverne to Join Hilton as Vice President - Customer E..
AQ
More news
Financials ($)
Sales 2019 43 668 M
EBIT 2019 12 744 M
Net income 2019 6 821 M
Debt 2019 -
Yield 2019 1,44%
P/E ratio 2019 13,73
P/E ratio 2020 12,43
Capi. / Sales 2019 2,15x
Capi. / Sales 2020 2,00x
Capitalization 93 789 M
Chart AMERICAN EXPRESS COMPANY
Duration : Period :
American Express Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMERICAN EXPRESS COMPANY
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 116 $
Spread / Average Target 3,5%
EPS Revisions
Managers
NameTitle
Stephen J. Squeri Chairman & Chief Executive Officer
Jeffrey C. Campbell Chief Financial Officer & Executive Vice President
Marc D. Gordon Chief Information Officer & Executive VP
Charlene Barshefsky Independent Director
Peter F. Chernin Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AMERICAN EXPRESS COMPANY14.83%93 789
CAPITAL ONE FINANCIAL CORPORATION9.66%38 783
BAJAJ FINANCE8.45%24 004
DISCOVER FINANCIAL SERVICES22.79%23 782
SYNCHRONY FINANCIAL40.28%23 362
ORIX CORPORATION2.92%18 977