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The AMERICAN EXPRESS COMPANY, also known as AMEX, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City
New York City
. The company was founded in 1850, and 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. In 2016, credit cards using the American Express
American Express
network accounted for 22.9% of the total dollar volume of credit card transactions in the US. As of December 31, 2016, the company had 109.9 million cards in force, including 47.5 million cards in force in the United States, each with an average annual spending of $17,216.

In 2016, Interbrand ranked American Express
American Express
as the 25th most valuable brand in the world, estimating the brand to be worth US$18.358 billion. In 2017, Fortune ranked American Express
American Express
as the 17th most admired company worldwide.

The company's logo , adopted in 1958, is a gladiator or centurion whose image appears on the company's traveler\'s cheques , charge cards and credit cards .

CONTENTS

* 1 Early history

* 1.1 American Express
American Express
buildings * 1.2 Nationwide expansion * 1.3 Financial services * 1.4 Loss of railroad express business * 1.5 Investment banking

* 2 Recent history

* 2.1 Charge card services * 2.2 " Boston
Boston
Fee Party" * 2.3 Conversion to bank holding company * 2.4 Charging order controversy in the UK * 2.5 CFPB enforcement action * 2.6 Costco
Costco
exclusivity arrangement (2004-2016)

* 3 Card products

* 3.1 Consumer cards * 3.2 Acceptance of American Express
American Express
cards outside of the United States * 3.3 Card design * 3.4 ExpressPay * 3.5 Small business services (also known as American Express
American Express
OPEN) * 3.6 Commercial cards and services * 3.7 Non-proprietary cards * 3.8 Merchant account

* 4 Non-card products

* 4.1 Traveler\'s checks * 4.2 Shearson/American Express
Shearson/American Express
* 4.3 Financial advisors * 4.4 International bank * 4.5 Travel
Travel
* 4.6 Publishing * 4.7 Individual banking

* 5 Advertising campaigns

* 5.1 Don\'t Leave Home Without Them * 5.2 The Adventures of Seinfeld "> American Express
American Express
Co. early shipping receipts (1853, 1869)

In 1850, American Express
American Express
was started as an express mail business in Buffalo, New York
Buffalo, New York
. It was founded as a joint stock corporation by the merger of the express companies owned by Henry Wells
Henry Wells
(Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor earlier in 1850 of Butterfield, Wasson & Company). Wells and Fargo also started Wells Fargo
Wells Fargo
"> The American Express
American Express
Company Building at 65 Broadway – the former headquarters of the American Express Company

At the end of the Wells-Fargo reign in 1914, an aggressive new president, George Chadbourne Taylor (1868–1923), who had worked his way up through the company over the previous thirty years, decided to build a new headquarters. The old buildings, dubbed by the New York Times as "among the ancient landmarks" of lower Broadway, were inadequate for such a rapidly expanding concern. After some delays due to the war in Europe, the 21-story neo-classical American Express
American Express
Co. Building was constructed in 1916–17 to the design of James L. Aspinwall , of the firm of Renwick, Aspinwall & Tucker, the successor to the architectural practice of the eminent James Renwick, Jr.
James Renwick, Jr.
. The building consolidated the two lots of the former buildings with a single address: 65 Broadway . This building was part of the "Express Row" section of lower Broadway at the time. The building completed the continuous masonry wall of its block-front and assisted in transforming Broadway into the "canyon" of neo-classical masonry office towers familiar to this day

American Express
American Express
sold this building in 1975, but retained travel services there. The building was also the headquarters over the years of other prominent firms, including investment bankers J.& W. Seligman & Co . (1940–74), the American Bureau of Shipping , a maritime concern (1977–86), and currently J.J. Kenny, and Standard "> Shearson Lehman logo

After the purchase of Shearson, Weill was given the position of president of American Express
American Express
in 1983. Weill grew increasingly unhappy with responsibilities within American Express
American Express
and his conflicts with American Express' CEO James D. Robinson III . Weill soon realized that he was not positioned to be named CEO and left in August 1985. In 1984, American Express
American Express
acquired the investment banking and trading firm, Lehman Brothers
Lehman Brothers
Kuhn Loeb , and added it to the Shearson family, creating Shearson Lehman/American Express. It was Lehman's CEO and former trader Lewis Glucksman who would next lead Shearson Lehman/American Express.

In 1984, Shearson/American Express
Shearson/American Express
purchased the 90-year-old Investors Diversified Services , bringing with it a fleet of financial advisors and investment products. In 1988, Shearson Lehman acquired E.F. Hutton "> American Express Tower
American Express Tower
(tallest, left) in New York City

American Express
American Express
executives discussed the possibility of launching a travel charge card as early as 1946, but it was not until Diners Club launched a card in March 1950 that American Express
American Express
began seriously to consider the possibility. At the end of 1957, American Express
American Express
CEO Ralph Reed decided to get into the card business, and by the launch date of October 1, 1958, public interest had become so significant that 250,000 cards were issued prior to the official launch date. The card was launched with an annual fee of $6, $1 higher than Diners Club, to be seen as a premium product. The first cards were made of paper, with the account number and cardmember's name typed. In 1959, American Express
American Express
began issuing embossed ISO/IEC 7810
ISO/IEC 7810
plastic cards, an industry first.

In 1966, American Express
American Express
introduced the Gold Card. In 1984, the company launched the Platinum Card, clearly defining different market segments within its own business, a practice that has proliferated across a broad array of industries. The Platinum Card was billed as super-exclusive and had a $250 annual fee (it is currently $550). It was offered by invitation only to American Express
American Express
customers with at least 2 years of tenure, significant spending, and excellent payment history; it is now open to applications on request. In 1987, American Express introduced the Optima card, its first credit card product that did not have to be paid in full at the end of the month.

American Express
American Express
formed a venture with Warner Communications in 1979 called Warner-Amex Satellite Entertainment , which created MTV, Nickelodeon , and The Movie Channel . The partnership lasted only until 1984. The properties were sold to Viacom soon after.

In April 1992, American Express
American Express
spun off its former subsidiary, First Data Corp. , in an initial public offering .

In 1994, the Optima True Grace card was introduced. The card was unique in that it offered a grace period on all purchases whether a balance was carried on the card or not (as opposed to traditional revolving credit cards which charge interest on new purchases if so much as $1 was carried over). The card was discontinued a few years later; the now discontinued One from American Express
American Express
card offered a similar feature called "Interest Protection."

"BOSTON FEE PARTY"

From early 1980s until the early 1990s, American Express
American Express
was known for cutting its interchange fee (also known as a "discount rate") to merchants and restaurants if they accepted only American Express
American Express
and no other credit or charge cards. This prompted competitors such as Visa and MasterCard
MasterCard
to cry foul for a while as the tactics "locked" restaurants into American Express. Capitalizing on this elitist image, American Express
American Express
frequently mentioned such exclusive partnerships in its advertising.

Aside from some holdouts including Neiman Marcus (which continued exclusivity until 2011), the practice largely ended later in 1991. A group of restaurants in Boston
Boston
stopped accepting American Express while accepting and encouraging the use of Visa and MasterCard, including some that were exclusive to American Express. The rationale was due to far lower fees as compared to American Express' fees at the time (which were about 4% for each transaction versus around 1.2% at the time for Visa and MasterCard). The revolt, known as the "Boston Fee Party" (alluding to the Boston
Boston
Tea Party ), spread to over 250 restaurants across the United States, including restaurants in other cities such as New York City
New York City
, Chicago
Chicago
, and Los Angeles
Los Angeles
. Visa offered to pay the Fee Party's legal bills, and Discover Card was able to increase their acceptance among Boston
Boston
restaurants by 375%. Kenneth Chenault, then head of Travel
Travel
Related Services and now American Express CEO, cut fees to bring these restaurants back into the fold. American Express
American Express
then shifted their focus from exclusivity to broadening acceptance, adding mainstream merchants like Walmart to the American Express
American Express
network.

CONVERSION TO BANK HOLDING COMPANY

On November 10, 2008, during the financial crisis of 2007–2008 , the company won Federal Reserve System approval to convert to a bank holding company , making it eligible for government help under the Troubled Asset
Asset
Relief Program . At that time, American Express
American Express
had total consolidated assets of about $127 billion. In June 2009, $3.39 billion in TARP funds were repaid plus $74.4 million in dividend payments. In July 2009, the company ended its obligations under TARP by buying back $340 million in Treasury warrants.

CHARGING ORDER CONTROVERSY IN THE UK

In November 2010, the UK division of American Express
American Express
was cautioned by the Office of Fair Trading
Office of Fair Trading
for the use of controversial charging orders against those in debt. The regulator said that the company was one of four companies who were encouraging customers to turn their unsecured credit card debts into a form of secured debt.

CFPB ENFORCEMENT ACTION

In October 2012, The Consumer Financial Protection Bureau
Consumer Financial Protection Bureau
(CFPB) announced an enforcement action with orders requiring three American Express subsidiaries to refund an estimated $85 million to approximately 250,000 customers for illegal card practices between 2003 and 2012. Allegations included that American Express
American Express
made misleading statements regarding signup bonuses, charged unlawful late fees, discriminated against applicants due to age, and failed to report consumer complaints to regulators.

COSTCO EXCLUSIVITY ARRANGEMENT (2004-2016)

The TrueEarnings Costco
Costco
- American Express
American Express
card and Costco-American Express business card, promoted in Costco
Costco
stores, was issued between 2004 and 2016. The cards did not have annual fees and offered cash back on certain tiers of purchases. The TrueEarnings card was an extension of an exclusive credit card network deal between Costco
Costco
and American Express
American Express
dating to 1999.

On February 12, 2015, it was announced that the partnership between American Express
American Express
and Costco
Costco
would dissolve March 31, 2016, which was later extended to June 19, 2016. By March 2, 2015, Costco
Costco
announced that Citigroup
Citigroup
would become the exclusive issuer of Costco's credit cards and that Visa Inc. would replace American Express
American Express
as the exclusive credit card network accepted at Costco’s stores. The Costco
Costco
deal with Visa began on June 20, 2016, and in addition to the new Citi card, Costco
Costco
accepted all other Visa cards. All TrueEarnings card accounts and balances held by American Express
American Express
were sold to Citigroup, and new Costco
Costco
Anywhere Visa cards were sent to Costco
Costco
members prior to the switch date. Concurrent with the switch to Visa, Costco
Costco
no longer accepted American Express
American Express
in stores, at Costco.com, or through Costco
Costco
Travel.

Costco
Costco
was the last major U.S. merchant that accepted American Express cards exclusively. In November 2011, Neiman Marcus , which gave similar general-purpose card exclusivity to American Express since 1987, began accepting Visa and MasterCard
MasterCard
. Costco's Canadian stores had ended their exclusive deal with American Express
American Express
in 2014 in favor of one with Capital One
Capital One
and MasterCard. However, the deal with Capital One
Capital One
was different from the Citi deal because Capital One
Capital One
did not buy accounts and balances from American Express. This required Costco
Costco
Canada members to obtain new cards.

The Costco
Costco
partnership represented 8%, or $80 billion, of Amex's billed business and about 20%, or about $14 billion, of its interest-bearing credit portfolio, according to Richard Shane of JPMorgan Chase
JPMorgan Chase
in the first quarter without Costco
Costco
cards, company profit dropped 10% and revenue dropped 5% compared to the previous year.

CARD PRODUCTS

As of December 31, 2016, the company had 109.9 million cards in force, including 47.5 million cards in force in the United States, each with an average annual spending of $17,216. These include consumer, small business and corporate cards issued by American Express themselves and cards issued by its Global Service Network partners that run on its network (such as Commonwealth Bank, Westpac and NAB in Australia and Lloyds Bank
Bank
and Barclays
Barclays
Bank
Bank
in the UK). On the 1st of March 2017, Australia's fourth largest bank ANZ announced that it was no longer issuing American Express
American Express
cards, with the support phased out entirely by August 5, 2017.

American Express
American Express
is the largest card issuer in the world based on purchase volume. It is the 4th largest card network in the world, based on the number of cards it has in circulation.

CONSUMER CARDS

An advertisement for the Platinum Card in Hong Kong See also: Centurion
Centurion
Card , Accolades Card , and ExpressPay

American Express
American Express
is best known for its iconic Green, Gold, and Platinum charge cards.

In 1958, American Express
American Express
issued its first charge card , which required payment at the end of every month. In 1966, the company issued its first gold card, in an effort to cater to the upper echelon of business travel. Its platinum card debuted in 1984.

In 1999, American Express
American Express
introduced the Centurion
Centurion
Card , often referred to as the "black card," which caters to an even more affluent and elite customer segment. The card was initially available only to select users of the Platinum card. The annual fee for the card is $2,500 (up from $1,000 at introduction) with an additional one-time initiation fee of $7,500. American Express
American Express
created the card line amid rumors and urban legends in the 1980s that it produced an ultra-exclusive black card for elite users who could purchase anything with it.

American Express
American Express
cards range in cost between no annual fee (for Blue and many other consumer and business cards) and a $550 annual fee (for the Platinum card). Annual fees for the Green card start at $95 (first year free), while Gold card annual fees start at $125.

American Express
American Express
has several co-branded credit cards, with most falling into one of three categories:

* Airlines: Aerolineas Argentinas , Air Canada
Air Canada
, Air France
Air France
, Alitalia
Alitalia
, British Airways
British Airways
, Cathay Pacific
Cathay Pacific
, Delta Air Lines
Delta Air Lines
, Icelandair , KLM
KLM
, Qantas
Qantas
, Scandinavian Airlines , Singapore Airlines , SriLankan Airlines , Virgin Atlantic , Virgin Australia , among others. * Hotels: Best Western
Best Western
, Hilton Hotels . Starwood Hotels "> A Platinum American Express
American Express
Charge Card issued in the UK that is contactless enabled

In 2005, American Express
American Express
introduced ExpressPay, similar to MasterCard
MasterCard
PayPass and Visa payWave , all of which use the symbol appearing on the right. It is a contactless payment system based on wireless RFID , where transactions are completed by holding the credit card near a receiver at which point the debt is immediately added to the account. All three contactless systems use the same logo. The card is not swiped or inserted into a smart card reader and no PIN is entered.

Many merchants, in the U.S. and globally, now offer American Express contactless payment, including Meijer , Walgreens
Walgreens
, Best Buy , Chevron Corporation
Corporation
, Starbucks
Starbucks
, and McDonald\'s .

SMALL BUSINESS SERVICES (ALSO KNOWN AS AMERICAN EXPRESS OPEN)

For more details on this topic, see American Express Plum Card .

American Express
American Express
offers various types of charge cards for small businesses to manage their expenses, and the company is also the largest provider of corporate cards.

In late 2007, the company announced the new Plum Card as the latest addition to their card line for small business owners. The card provides a 1.5% early pay discount or up to two months to defer payment on purchases. The 1.5% discount is available for billing periods where the cardmember spends at least $5,000. The first 10,000 cards were issued to members on December 16, 2007.

In 2008, American Express
American Express
closed all Business Line of Credit accounts. This decision was reached in tandem with the Federal Reserve's approval of American Express's request to become a Commercial bank .

As of July 2016, American Express
American Express
has several credit cards designed for small business. These include SimplyCash® Plus Business Credit Card. Cash back earned is automatically credited to the cardholder's statement and other benefits are included. Other cards include the Business Platinum Card from American Express
American Express
OPEN, the Business Gold Rewards Card from American Express
American Express
OPEN, the Blue for Business Credit Card from American Express, Business Green Rewards Card from American Express OPEN, the Business Green Rewards Card from American Express OPEN and the Plum Card from American Express
American Express
OPEN. These cards have return protection, year-end summaries and other tools to help with the business accounting and control.

COMMERCIAL CARDS AND SERVICES

In 2008, American Express
American Express
acquired the Corporate Payment Services business of GE, which primarily focused on providing Purchasing Card solutions for large global clients. As part of the $1b+ transaction, American Express
American Express
also added a new product, called V-Payment, to its product portfolio. V-Payment is unique in that it enables a tightly controlled, single-use card number for increased control.

As of July 2016, American Express
American Express
offered several business, corporate and travel credit and charge cards and services and data and information services related to their use in the competitive markets for these cards.

The online “ American Express
American Express
@ Work” function gives corporations a site on which to apply for, cancel or suspend cards, monitor policy compliance and track expenses. The cardholder company can create and generate reports for a corporate expense account program, including analytics and data consolidation or integration. Reports can be tailored for various sized companies. Through a Standard Expense Reporting feature in its "Manage Your Card Account site", American Express corporate cards provide cardholders access to pre-populated expense reports. The cardholder needs to annotate expenses and add out-of-pocket charges upon completion of which the report can be downloaded in electronic or paper format.

American Express
American Express
Corporate Card program can be used with a third-party on-demand expense management tool by Concur, a provider of integrated travel and expense management services. This tool simplifies the creation of expense account reports and the corporate approval process. Corporate card activity, including viewing statements, making payments, setting up alerts and making inquiries and disputing charges, can be managed through an account online or via mobile device through this service.

The corporate cards have benefits including discounts and rebates for travel and transportation, travel and emergency help, travel insurance and baggage protection. Upgrades from the Corporate "Green" Card to the Corporate Gold Card or Corporate Platinum Card, although subject to fees and terms and conditions, have several additional benefits at each card level, such as free breakfast or late checkout at many hotels. The American Express/Business Extra Corporate Credit Card is affiliated with American Airlines and provides a 4% rebate on eligible American Airlines travel purchased with the card.

American Express
American Express
has a specialized corporate meeting credit card. Another specialized American Express
American Express
business card is the American Express Corporate Purchasing Card, which can be assigned to individual employees or departments. Reconciliation and accounting services are available to make these functions easier for the corporation.

NON-PROPRIETARY CARDS

In December 2000, American Express
American Express
agreed to acquire the US$226 million credit card portfolio of Bank
Bank
of Hawaii , then a division of Pacific Century Financial Corp. In January 2006, American Express sold its Bank
Bank
of Hawaii card portfolio to Bank
Bank
of America ( MBNA ). Bank
Bank
of America will issue Visa and American Express
American Express
cards under the Bank
Bank
of Hawaii name.

Until 2004, Visa and MasterCard
MasterCard
rules prohibited issuers of their cards from issuing American Express
American Express
cards in the United States. This meant, as a practical matter, that U.S. banks could not issue American Express cards. These rules were struck down as a result of antitrust litigation brought by the U.S. Department of Justice , and are no longer in effect. In January 2004, American Express
American Express
reached a deal to have its cards issued by a U.S. bank, MBNA America. Initially decried by MasterCard
MasterCard
executives as nothing but an "experiment", these cards were released in October 2004. Some said that the relationship was going to be threatened by MBNA's merger with Bank
Bank
of America, a major Visa issuer and original developer of Visa (and its predecessor, BankAmericard). However, an agreement was reached between American Express and Bank
Bank
of America on December 21, 2005. Under the terms of the agreement, Bank
Bank
of America will own the customer loans and American Express
American Express
will process the transactions. Also, American Express will dismiss Bank
Bank
of America from its antitrust litigation against Visa, MasterCard, and a number of U.S. banks. Finally, both Bank
Bank
of America and American Express
American Express
also said an existing card-issuing partnership between MBNA and American Express
American Express
will continue after the Bank
Bank
of America- MBNA merger. The first card from the partnership, the no-annual-fee Bank
Bank
of America Rewards American Express
American Express
card, was released on June 30, 2006.

Since then, Citibank
Citibank
, Wells Fargo
Wells Fargo
, First National Bank
Bank
of Omaha , USAA
USAA
, Synchrony Financial , and US Bancorp
US Bancorp
have started issuing American Express
American Express
cards. Citi issues the Macy\'s and Bloomingdale\'s American Express
American Express
cards along with Citi-branded cards. Wells Fargo issues American Express
American Express
cards under their own brand and for Dillard\'s . US Bancorp
US Bancorp
issues American Express-branded cards for US Bank
Bank
along with Elan Card Services, a subsidiary that issues credit cards on behalf of small to midsize banks. Some credit unions , including PenFed , also issue American Express
American Express
cards. JPMorgan Chase
JPMorgan Chase
is the largest bank and the only Big Four bank in the US that does not partner with American Express. Instead, JPMorgan made the decision in 2013 to partner with Visa on the ChaseNet closed-loop network that is similar in terms of functionality to the American Express
American Express
network.

MERCHANT ACCOUNT

Many retailers do not accept American Express
American Express
cards. American Express charges merchants significantly higher fees than other credit card providers. In a court case United States
United States
v. American Express
American Express
Co., merchants filed a class action lawsuit against American Express
American Express
and claimed that charging high fees is a violation of the Sherman Antitrust Act . According to the lawsuit, accepting American Express cards costs merchants the most.

NON-CARD PRODUCTS

TRAVELER\'S CHECKS

Amex is the largest provider of traveler\'s checks in the world.

In 2005, American Express
American Express
released the American Express
American Express
Travelers Check Card, a stored-value card that serves the same purposes as a traveler's check, but can be used in stores like a credit card. The card has since been discontinued as of October 31, 2007, due to "changing market conditions". All cardholders were issued refund checks for the remaining balances.

SHEARSON/AMERICAN EXPRESS

See also: Shearson/American Express
Shearson/American Express
Shearson/American Express logo c. 1982

During the 1980s, American Express
American Express
began purchasing stock brokerage firms as part of an expansion. In mid-1981 it purchased Sanford I. Weill 's Shearson Loeb Rhoades
Shearson Loeb Rhoades
, the second largest securities firm in the United States
United States
to form Shearson/American Express. Shearson Loeb Rhoades, itself was the culmination of several mergers in the 1970s as Weill's Hayden, Stone & Co.
Hayden, Stone & Co.
merged with Shearson, Hammill & Co. in 1974 to form Shearson Hayden Stone . Shearson Hayden Stone then merged with Loeb, Rhoades, Hornblower & Co. (formerly Loeb, Rhoades & Co. to form Shearson Loeb Rhoades
Shearson Loeb Rhoades
in 1979. With capital totalling $250 million at the time of its acquisition, Shearson Loeb Rhoades
Shearson Loeb Rhoades
trailed only Merrill Lynch as the securities industry's largest brokerage firm . After its acquisition by American Express, the firm was renamed Shearson/American Express.

In 1984, Shearson/American Express
Shearson/American Express
purchased the 90-year-old Investors Diversified Services , bringing with it a fleet of financial advisors and investment products. Also in 1984, American Express acquired the investment banking and trading firm, Lehman Brothers
Lehman Brothers
Kuhn Loeb , and added it to the Shearson family, creating Shearson Lehman/American Express. In 1988, the firm acquired E. F. Hutton & Co. , forming Shearson Lehman Hutton until 1990, when the firm's name became Shearson Lehman Brothers. When Harvey Golub took the reins in 1993 he negotiated the sale of Shearson's retail brokerage and asset management business to Primerica and in following year, spun off of the remaining investment banking and institutional businesses as Lehman Brothers
Lehman Brothers
Holdings Inc .

FINANCIAL ADVISORS

On September 30, 2005, American Express
American Express
spun off its American Express Financial Advisors unit, Ameriprise Financial , to its shareholders. On September 30, 2005, RSM McGladrey acquired American Express
American Express
Tax & Business Services (TBS).

INTERNATIONAL BANK

In 2008, Standard Chartered Bank
Bank
acquired American Express
American Express
Bank
Bank
Ltd, the international banking subsidiary of American Express
American Express
for US$823 million.

TRAVEL

American Express
American Express
established a Travel
Travel
Division in 1915 that tied together all of the earlier efforts at making travel easier, and soon established its first travel agencies . In the 1930s, the Travel Division had grown widely. Albert K. Dawson was instrumental in expanding business operations overseas, even investing in tourist relations with the Soviet Union. Dawson during World War I had been a photographer and film correspondent with the German army. Today the focus of the Travel
Travel
Division is on business customers and business travel, that is, corporate travel management .

PUBLISHING

The American Express
American Express
Publishing Corporation
Corporation
published the Travel
Travel
+ Leisure , Food & Wine , Executive Travel
Travel
, Black Ink, and Departures magazines until October 1, 2013, when it sold those titles to Time Inc. It publishes American Express
American Express
Skyguide and is based in New York City. As of February 2014, Time Inc.
Time Inc.
is restructuring the portfolio of publications.

INDIVIDUAL BANKING

American Express
American Express
FSB (federal savings bank ) is a direct bank offering a standard savings account to individuals. Checking account services are not provided.

ADVERTISING CAMPAIGNS

DON\'T LEAVE HOME WITHOUT THEM

In 1975, David Ogilvy of Ogilvy ">

THE ADVENTURES OF SEINFELD "> The Adventures of Seinfeld & Superman

American Express
American Express
continues to use celebrities in their ads. Some notable examples include a late 1990s ad campaign with comedian Jerry Seinfeld , including the two 2004 webisodes in a series entitled "The Adventures of Seinfeld & Superman ."

MY LIFE. MY CARD.

In late 2004, American Express
American Express
launched the "My life. My card." brand campaign (also by Ogilvy Duke University
Duke University
basketball coach Mike Krzyzewski ; fashion designers Collette Dinnigan and Diane von Fürstenberg ; comedian and talk show hostess Ellen DeGeneres ; golfer Tiger Woods
Tiger Woods
; professional snowboarder Shaun White ; tennis pros Venus Williams and Andy Roddick ; Real Madrid manager José Mourinho
José Mourinho
; film directors Martin Scorsese
Martin Scorsese
, Wes Anderson
Wes Anderson
, and M. Night Shyamalan ; and most recently, singer Beyoncé
Beyoncé
.

C F. FROST

Many American Express
American Express
credit card ads feature a sample American Express Card with the name "C. F. Frost" on the front. This is not a fabricated name; Charles F. Frost was an advertising executive at Ogilvy "> Two rescue workers entering the American Express
American Express
Tower following September 11 terrorist attack on World Trade Center . Amex House in Brighton
Brighton
, England, was built in 1977. American Express Italy
Italy
HQ in Rome

In April 1986, American Express
American Express
moved its headquarters to the 51-story Three World Financial Center in New York City. After the events of September 11, 2001, American Express
American Express
had to leave its headquarters temporarily as it was located directly opposite to the World Trade Center and was damaged during the fall of the towers. The company began gradually moving back into its rehabilitated building in 2002.

The company also has major offices in Fort Lauderdale, FL , Salt Lake City, UT , and Phoenix, AZ . It has a technology center in Weston, FL . The main data center is located in North Carolina
North Carolina
.

AMEX Bank
Bank
of Canada was founded in 1853 in Toronto, however it currently has 3,000 employees at their head office at Sheppard east of Highway 404 in Toronto, Ontario
Toronto, Ontario
(relocated from Markham, Ontario
Markham, Ontario
(a northern suburb of Toronto where it resided from 1985 to 2015), as well as an office in Hamilton, Ontario
Hamilton, Ontario
. The company began operations as a bank on July 1, 1990, following an order-in-council made by the Brian Mulroney government on November 21, 1988. This decision was not without controversy as federal banking policy at the time would not ordinarily have permitted American Express
American Express
to operate as a bank. It is also a member of the Canadian Bankers Association (CBA) and is a registered member of the Canada Deposit Insurance
Insurance
Corporation
Corporation
(CDIC), a federal agency insuring deposits at all of Canada's chartered banks.

American Express
American Express
has several offices in the UK, including a 9-story European Service Center, known as Amex House , in the Carlton Hill area of Brighton
Brighton
, England. It is a large white tower block, built in 1977 and surrounded by several other smaller offices around the city. Amex House deals with card servicing, sales, fraud and merchant servicing. The official Europe, Middle East, and Africa HQ is located in the Belgravia district of Westminster, in central London , at Belgrave House on Buckingham Palace Road, SW1; other UK offices are based in Sussex
Sussex
at Burgess Hill . In November 2009, Brighton
Brighton
and Hove City Council granted planning permission for American Express
American Express
to redevelop the Amex House site.

The Japan, Asia-Pacific, and Australian Headquarters is co-located in Singapore, at 16 Collyer Quay
Collyer Quay
, and in Sydney
Sydney
's King Street Wharf area, with the new state-of-the-art building receiving greenhouse status due to the environmentally friendly workspace that it provides.

The headquarters of the Latin America and Caribbean
Caribbean
division is in Fort Lauderdale, FL.

American Express
American Express
also has a significant presence in India. Its two centres are located at Gurgaon, Haryana and one at Mathura Road, New Delhi. The Indian operations of American Express
American Express
revolves around the back office customer services operations apart from the credit card business for the domestic Indian Economy, arguably the American Express campus in Gurgaon is the largest employee location by head count for Amex and supports business continuity objectives of Amex including during Hurricane Sandy, the center works 24/7 and includes a co-located second building which was recently transferred to a third party service provider but does much work for Amex.

JOB SATISFACTION

For 2008, American Express
American Express
was named the 62nd best company to work for in the United States
United States
by Fortune , ranking it number one for bank card companies. In October 2008, Amex Canada Inc. was named one of Greater Toronto\'s Top Employers by Mediacorp Canada Inc., which was announced by the Toronto Star
Toronto Star
newspaper.

MANAGEMENT AND CORPORATE GOVERNANCE

The officers of the company are listed on the company's website as follows:

* Kenneth Chenault
Kenneth Chenault
: Chairman
Chairman
and Chief Executive Officer * Douglas E. Buckminster: President, International Consumer and Global Network Services * James Bush: Executive Vice President, World Service * Kevin Cox: Executive Vice President, Human Resources * William H. Glenn: President, Global Corporate Payments and Business Travel * Ash Gupta: Chief Risk Officer and President, Risk and Information Management * John D. Hayes: Executive Vice President and Chief Marketing Officer * Rubin Raju : Executive Vice President Corporate card service * Jeffrey C. Campbell: Executive Vice President and Chief Financial Officer * Laureen E. Seeger: Executive Vice President and General Counsel * Thomas Schick: Executive Vice President, Corporate and External Affairs * Neal Sample: President, Enterprise Growth * Joshua G. Silverman: President, U.S. Consumer Services * Stephen J. Squeri: Group President, Global Corporate Services * Anré Williams: President, Global Merchant Services

The members of the company's board of directors are listed on the company's website as follows:

* Daniel F. Akerson : Managing Director of the Carlyle Group
Carlyle Group
* Charlene Barshefsky : Former United States
United States
Trade Representative * Ursula M. Burns : President of Xerox Corporation
Xerox Corporation
* Kenneth I. Chenault : Chairman
Chairman
and CEO of American Express
American Express
Co. * Peter Chernin
Peter Chernin
: Former President and COO, News Corporation
News Corporation
* Vernon E. Jordan, Jr. : Senior Managing Director with Lazard Freres & Co. LLC * Jan Leschly : CEO of Care Capital LLC * Richard C. Levin : President, Yale University
Yale University
* Richard A. McGinn: Former CEO of Lucent Technologies , Partner, RRE Ventures * Edward D. Miller : Former President and CEO of AXA
AXA
SA * Frank P. Popoff : Former Chairman
Chairman
Chemical Financial Corp. * Steven S. Reinemund: Former Chairman
Chairman
and CEO, PepsiCo
PepsiCo
Inc. * Robert D. Walter : Chairman
Chairman
and CEO, Cardinal Health * Ronald A. Williams : Chairman
Chairman
and CEO, Aetna
Aetna
Inc.

OWNERSHIP

As of 2017 American Express
American Express
shares are mainly held by institutional investors ( Berkshire Hathaway
Berkshire Hathaway
, Vanguard group , BlackRock
BlackRock
, State Street Corporation
Corporation
and others )

IN POPULAR CULTURE

These slogans have been parodied numerous times:

* In The Sopranos
The Sopranos
episode, " Mr. & Mrs. John Sacrimoni Request... ", Christopher Moltisanti concludes his sale of stolen credit card numbers to Middle Easterners with a quip: "Don't leave home without them!" This statement confuses the Middle Easterners, who are unfamiliar with the ad campaign. * The long-running PBS
PBS
children's TV series Sesame Street parodied the "Do you know me?/Don't Leave Home Without It" ad campaigns with three skits involving a Muppet
Muppet
character holding a Grown-Up Friend's hand while crossing the street. One skit featured Forgetful Jones (performed by Richard Hunt ) with Olivia ( Alaina Reed Hall ) as his Grown-Up Friend, a second featured Bert and Ernie ( Frank Oz
Frank Oz
and Jim Henson respectively) with Gordon ( Roscoe Orman ) as their Grown-Up Friend, and the third featured Big Bird
Big Bird
( Caroll Spinney ) with Bob ( Bob McGrath ) as his Grown-Up Friend. All three skits ended with the grownups' names being embossed at the bottom of a card resembling an American Express
American Express
card that had a big human left hand in the middle, with the words "Grown-Up Friend's Hand" above it, and a voiceover saying "A Grown-Up Friend's Hand. Don't cross the street without it." * Another parody was seen on an episode of the CBS
CBS
game show Press Your Luck , when the animated "Whammy Character" would give the "Do you know me?" tag line, followed by the display of an Amex card-parody, which then had "WHAMMY" typed in on the bottom line of the card. * In the pilot episode of " Masquerade (TV series) ", a KGB general says the line, "I suppose you never leave home without it", to a KGB agent when he sees that agent's "National American" card. * In a campaign speech during the 1984 Election , President Ronald Reagan said "If the big spenders get their way, they'll charge everything to your taxpayer's express card, and believe me, they never leave home without it." * In the final episode of The Dukes of Hazzard , Boss Hogg is shot at by a former associate, the bullet striking a wallet he had kept in his pocket and being lodged in several credit cards. Narrator Waylon Jennings takes note of the situation and says, "I bet he's glad he didn't leave home without them" (referring to his credit cards). * On the 1997 film Hercules during the song "Zero to Hero", the credit card is "Grecian Express". * The 1989 movie Major League also parodied the campaign. In one scene, in which every player is dressed in a tuxedo, the Cleveland Indians tell viewers of the film why every player carries the American Express Card with much of the explanation done one line at a time by players Jake Taylor ( Tom Berenger
Tom Berenger
), Eddie Harris ( Chelcie Ross ), Rick "Wild Thing" Vaughn ( Charlie Sheen ), Pedro Cerrano (Dennis Haysbert ), and Roger Dorn ( Corbin Bernsen
Corbin Bernsen
), and Manager Lou Brown ( James Gammon ). The scene ends with Willie "Mays" Hayes (a tuxedo-clad Wesley Snipes ) sliding into home plate in front of the rest of the team, holding up his card and saying to the viewers: "The American Express
American Express
Card. Don't steal home without it." * In the film Batman border:solid #aaa 1px">

* Companies portal

* ATM Industry Association (ATMIA) * 65 Broadway (Standard -webkit-column-width: 30em; column-width: 30em; list-style-type: decimal;">

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American Express
Company 2016 Form 10-K Annual Report * ^ "Dow Jones Industrial Average". CNNMoney.com . Retrieved 20 October 2013. * ^ Comoreanu, Alina (March 7, 2017). "Market Share by Credit Card Network". Wallet Hub. * ^ Interbrand: 2016 Rankings - American Express * ^ Fortune Most Admired Companies #17: American Express * ^ " American Express
American Express
Logo
Logo
Review". Company Logos. 2008. Retrieved June 25, 2011. The initial trademark of 1958 described the gladiator in the American Express
American Express
logo as a gladiator on a shield whereas the current American Express
American Express
website lists the logo character as a Gladiator
Gladiator
Head Design. However, there are many who believe that the gladiator is a centurion ... * ^ "Recognizing Responsibility: American Express
American Express
Company 2007/2008 Corporate Citizenship Report" (PDF). American Express
American Express
Co. p. 8. Retrieved 2012-07-25. In 1850, three men — Henry Wells, William G. Fargo and John Butterfield — founded an express company in Buffalo, New York to forward freight and valuables across the united States. * ^ A B C D Kenneth T. Jackson. The Encyclopedia of New York City. The New York Historical Society: Yale University
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American Express
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Bloomberg L.P.
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American Express
to Pay $85 Million Refund to Consumers Harmed by Illegal Credit Card Practices" (Press release). Consumer Financial Protection Bureau
Consumer Financial Protection Bureau
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Costco
names Citi, Visa as new credit card partners after AmEx deal ends". Los Angeles
Los Angeles
Times. March 2, 2015. Retrieved July 1, 2015. * ^ STRAUSS, MARINA (September 18, 2014). " Costco
Costco
Canada switches to MasterCard
MasterCard
from AmEx". The Globe and Mail . * ^ Garnick, Coral (October 21, 2016). "The Costco
Costco
effect: How American Express
American Express
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American Express
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American Express
Returns Focus to Affluent". New York Times
New York Times
. * ^ "The Platinum Card(R) From American Express
American Express
Celebrates Its 20th Anniversary" (Press release). PRNewswire . July 21, 2004. * ^ "Black American Express
American Express
Card". Snopes.com. December 6, 2006. Retrieved December 11, 2010. * ^ Rig, Emma (March 3, 2006). " American Express
American Express
launches Red Card with digital campaign". Campaign Live. * ^ " American Express
American Express
and Walmart Launch Bluebird®: a New Alternative to Debit and Checking Accounts". Retrieved September 21, 2014. * ^ Kopecki, Dawn. (2013-03-26) AmEx Bluebird Customers Get FDIC Backing, Check-Writing Feature. Bloomberg. Retrieved on 2013-08-16. * ^ " Travel
Travel
essentials". Retrieved September 21, 2014. * ^ "Practical travel information on Money and costs in Denmark - Lonely Planet
Lonely Planet
Travel
Travel
Information". Retrieved September 21, 2014. * ^ "British Money". visitlondon.com. April 10, 2007. Retrieved September 21, 2014. * ^ " Italy
Italy
Travel
Travel
F.A.Q. - What is The Best Way to Get Euros and Pay For Things in Italy? - Dream of Italy". Dream of Italy. * ^ "Why don\'t more places take American Express? - This is Money". This is Money. Retrieved September 21, 2014. * ^ "Apple teams with payment networks to turn iPhone into wallet". San Diego News.Net. 1 September 2014. Retrieved 1 September 2014. * ^ "American Express, Form 8-K, Current Report, Filing Date Oct 22, 2007". secdatabase.com. Retrieved Jan 6, 2013. * ^ "Official Plum Card Website". Plumcard.com. Retrieved December 18, 2011. * ^ American Express
American Express
Closes Business Lines of Credit * ^ A B C D Daniel, Ivan. GET.com. Best American Express
American Express
Cards For Small Business July 7, 2016. Retrieved July 13, 2016. * ^ "American Express, Form 8-K, Current Report, Filing Date Mar 27, 2008". secdatabase.com. Retrieved Jan 6, 2013. * ^ DeLuna, JoAnn. Amex Cuts CEO pay, Business Travel
Travel
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American Express
Corporate Meeting Card information page. Retrieved July 13, 2016. * ^ American Express
American Express
Corporate Purchasing Card information page. Retrieved July 13, 2016. * ^ "American Express, Form 8-K, Current Report, Filing Date Jan 22, 2001". secdatabase.com. Retrieved Jan 6, 2013. * ^ "American Express, Form 10-K, Annual Report, Filing Date Mar 12, 2004". secdatabase.com. Retrieved Jan 6, 2013. * ^ "American Express, Form 8-K, Current Report, Filing Date Feb 2, 2004". secdatabase.com. Retrieved Jan 6, 2013. * ^ "American Express, Form 8-K, Current Report, Filing Date Jan 24, 2005". secdatabase.com. Retrieved Jan 6, 2013. * ^ "American Express, Form 8-K, Current Report, Filing Date Dec 23, 2005". secdatabase.com. Retrieved Jan 6, 2013. * ^ "Florida Merchant Services Provider Gets Full American Express Acquiring Program". Digital journal. Retrieved June 17, 2014. * ^ "Here’s Why American Express
American Express
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American Express
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American Express
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American Express
Company Ownership Summary

EXTERNAL LINKS

Wikimedia

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