American Express

American Express

American Express Company (NYSE: AXP), also known as AmEx, is an American multinational financial services corporation headquartered in Three World Financial Center, Manhattan, New York City, New York, United States. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average. The company is best known for its credit card, charge card, and traveler's cheque businesses. Amex cards account for approximately 24% of the total dollar volume of credit card transactions in the US.

BusinessWeek and Interbrand ranked American Express as the 22nd most valuable brand in the world, estimating the brand to be worth US$14.97 billion. Fortune listed Amex as one of the top 20 Most Admired Companies in the World.

The company's logo, adopted in 1958, is a Roman gladiator whose image appears on the company's travelers' cheques and charge cards.

Read more about American ExpressEarly History, Recent History, Advertising, Management and Corporate Governance, Sponsorship, Causes

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... When Harvey Golub became CEO of American Express in 1993, he negotiated the sale of Shearson's retail brokerage and asset management business to Primerica ... Weill had been the architect of what had become Shearson/American Express in the 1960s and 1970s building up his small firm Cogan, Berlind, Weill Levitt into one of the largest brokerage firms in the US ... In 1994, American Express spun off of the remaining investment banking and institutional businesses as Lehman Brothers Holdings Inc which after almost fifteen ...
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... The Merrill Accolades American Express Card, previously known as the Bank of America Accolades Card, was the first premium credit card offered by Bank of America ... the Bank of America Accolades Card or the Bank of America Accolades American Express Card, is a co-branded card that is accepted by merchants who accept the American Express card ...
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... See also American Express During the 1980s, American Express embarked on an effort to become a financial services supercompany ... Loeb Rhoades, the second largest securities firm in the United States to form Shearson/American Express ... After its acquisition by American Express, the firm was renamed Shearson/American Express ...
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... Cause Related Marketing is generally argued to stem from American Express, who apparently coined the phrase in 1983 ... Following various pilot schemes in 1981, American Express developed a campaign which donated funds to a number of different non-profit organizations as part of the San Francisco Arts Festival ... Essentially every time someone used an American Express Card in the area, a 2 cent donation was triggered and each time new members applied for a card a larger contribution was made ...
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Famous quotes containing the words express and/or american:

    The movements of the eyes express the perpetual and unconscious courtesy of the parties.
    Henry David Thoreau (1817–1862)

    I know that I will always be expected to have extra insight into black texts—especially texts by black women. A working-class Jewish woman from Brooklyn could become an expert on Shakespeare or Baudelaire, my students seemed to believe, if she mastered the language, the texts, and the critical literature. But they would not grant that a middle-class white man could ever be a trusted authority on Toni Morrison.
    Claire Oberon Garcia, African American scholar and educator. Chronicle of Higher Education, p. B2 (July 27, 1994)