American Express CEO's total compensation falls 61 percent in 2009 The chief executive of American Express saw his pay package drop 61 percent last year as the credit card company's profits narrowed amid the downturn, according to an Associated Press analysis of ...
NEW YORK (Reuters) - Credit card delinquency rates improved at JPMorgan Chase & Co and a majority of others -- a sign the lenders still face hurdles in the wake of the deep recession. The delinquency rates likely received a seasonal boost, ...
<div id="subtitle">American Express buys back TARP warrants from Treasury Department for $340 million</div><div><p>American Express Co. said Wednesday it repurchased outstanding warrants issued to the government as part of the Troubled Asset Relief Program for $340 million.</p><p>New York-based American Express ...
<div id="subtitle">American Express reports fewer write-offs of credit card losses in July</div><div><p>American Express said Wednesday its rate of losses from credit card loans is slowing.</p><p>The write-off rate on credit card balances was 9.2 percent in July, down from ...
<div id="subtitle">American Express warns some cardholders that their account data was stolen by an employee</div><div><p>Some American Express card members' accounts may have been compromised by an employee's recent theft of data, the company said Thursday.</p><p>American Express Co. spokeswoman ...
<div id="subtitle">Capital One Financial US, international credit-card defaults rise in July; shares tumble</div><div><p>Capital One Financial Corp. said Monday that defaults on its U.S. credit cards rose in July.</p><p>The McLean, Va., company in a regulatory filing with the Securities ...
<div><p>NEW YORK (Reuters) - The rate of U.S. credit card defaults showed signs of stabilizing last month, an indication that American consumers may not be in as bad shape as feared despite job losses and the housing slump.</p><p>Bank of America Corp <BAC.N> ...
<p>Though the term "platinum card" can refer to a number of elite credit cards from various companies, there is one thing in common with all platinum cards across all companies: the outstanding benefits. American Express offers its platinum card holders personalized and ...
<div><p>NEW YORK (Reuters) - U.S. consumers will see on Thursday the first signs of the biggest overhaul of the credit card industry in at least two decades, as companies will be forced to provide customers with more time to pay their bills ...
<div id="subtitle">Psychologists on how to help distressed colleagues; Airfare rates drop as employees fly coach</div><div><p>PREVENTING TRAGEDIES: The stresses of hard times can overwhelm someone without a support system of family and friends, psychologists say, sometimes even leading to tragedies at a work ...
