The enthusiasm to tap into credit lines and to spend on experiences continues unabated — and has been illuminated in stark relief by the latest earnings report from American Express. Materials from the company Friday (Jan. 26) show that millennials and Gen Z consumers spent...
The latest results from American Express show consumers are continuing to spend on leisure activities — and are using their cards to so. The company also noted that credit performance across its portfolio remains “strong.” Earnings materials show that total network billed business was up...
The unexpected death of American Express President Ed Gilligan late last month continues to reverberate at the company, most recently in the form of the realignment of several positions at Amex. In an internal memo made public yesterday (June 24), American Express Chairman and CEO...
June 25, 2015
The unexpected death of American Express President Ed Gilligan late last month continues to reverberate at the company, most recently in the form of the realignment of several positions at Amex. In an internal memo made public yesterday (June 24), American Express Chairman and CEO Ken Chenault begins by addressing Gilligan’s passing and expresses gratitude […]
