Costco

American Express, Facing Sharper Competition, Sees Rocky Road In 2016

American Express, Facing Sharper Competition, Sees Rocky Road In 2016
American Express, Facing Sharper Competition, Sees Rocky Road In 2016
January 22, 2016  |  News

The payments giant delivered mixed results for the fourth quarter and somber guidance. It’s cutting expenses by $1 billion over the next two years, but...

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UBS On Why It’s Soured On Amex
UBS On Why It’s Soured On Amex
October 27, 2015  |  News

In the wake of poor earnings from payments giant American Express last week, the firm has gotten little love and even less sympathy for missing...

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Sam’s Club Opens Doors For Amex
Sam’s Club Opens Doors For Amex
September 11, 2015  |  News

The year 2015 hasn’t been American Express’ friend. The big blow that came, of course, was that the card network was going to be severing...

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Why AmEx Couldn’t Make Costco Card Economics Work
Why AmEx Couldn’t Make Costco Card Economics Work
April 20, 2015  |  News

The possible terms of Costco’s new co-branded deal with Visa and Citigroup gives good indication of just why the partnership with American Express didn’t work...

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AmEx CEO: Life After Costco
AmEx CEO: Life After Costco
April 17, 2015  |  Exclusive Series

American Express has done some backpedaling during the first quarter of the year. It’s spent most of Q1 admitting that it was “arrogant” in the...

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