Simply Credit Help – Debt and Bad Credit Improvement Advice
card-issuer

AmEx to cut $1 billion in costs by end of 2017

January 21, 2016 by · Leave a Comment 

(Reuters) – Credit card issuer American Express Co said it would cut $1 billion in costs by the end of 2017 as it responds to intensifying competition in the payments industry. AmEx's shares fell 4.1 percent to $60.05 in extended trading on Thursday, after the company reported its fourth straight decline in

More here: 
AmEx to cut $1 billion in costs by end of 2017