American Express

American multinational financial services corporation

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January 2025 American Express agreed to pay about $230 million to settle U.S. criminal and civil probes into alleged deceptive practices in selling credit card and wire transfer products.
June 2024 Amex acquired Tock, a restaurant reservation platform, expanding its dining reservations portfolio.
May 2024 American Express became the official partner of F1 Academy, a female-only single-seater racing series, with branding to appear on Jessica Edgar's car livery and driver suit for the 2024 season.
2023 American Express achieved its highest revenue in the provided dataset at $60.5 billion, with net income reaching $8.4 billion.
August 2023 Wells Fargo stopped issuing American Express cards, marking the end of their card partnership with American Express.
2022 Continued financial growth with net income increasing to $7.4 billion and revenue rising to $55.6 billion.
March 2022 American Express suspended all operations in Russia and Belarus following the Russian invasion of Ukraine.
2021 Company showed signs of financial recovery, with net income rebounding to $7.9 billion after the pandemic-induced downturn.
2020 American Express experienced a significant financial downturn during the COVID-19 pandemic, with net income dropping to $3.0 billion, the lowest in the provided financial data range.
2020 American Express acquired Kabbage, a financial technology company.
March 2019 American Express acquired LoungeBuddy, a provider of pay-per-use access to airport lounges worldwide.
2018 Stephen Squeri becomes CEO of American Express, succeeding Kenneth Chenault and continuing to lead the company as of 2025.
October 2017 American Express established a joint venture company, LianTong, in China to operate its payment card brand locally.
March 2014 American Express announced the corporate spin-off of its corporate travel business as American Express Global Business Travel.
2013 American Express began operating airport lounges, offering access to select cardholders.
October 2012 American Express launched Bluebird, a prepaid debit card with Walmart, offering roadside assistance and identity theft protection.
2011 American Express established a £100 million sponsorship agreement with Brighton & Hove Albion F.C., which includes naming rights for Falmer Stadium, training facilities, and shirt sponsorship for men's, women's, youth, and disability teams.

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