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Amex

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Latest Headlines

Visa, American Express loom as online payments powers?

"We are going to compete not just with PayPal, but other emerging payment schemes," so says Joseph Saunders, CEO of Visa. It's a statement that could be taken as a rallying cry for all traditional card companies, as they ponder the future. Visa has taken some noteworthy steps toward this goal ,

One way to build trading volume

So what's the best way to build trading volume on a fledgling platform? The best method, it would appear, is to give broker dealers some skin in the game, that is, giving them an opportunity to profit alongside the platform. We've seen this strategy with the InterContinentalExchange, which is winn

BlackRock versus the industry; Ex-Bear Stearns chief speaks on crisis;

Company News: > Amex launches retail CDs. Article > Life after Lehman Brothers. Article   > JPMorgan steps up in Arizona. Article > Ex-Bear Stearns chief speaks on crisis. Article > BlackRock versus the industry. Article > The fate of Fannie and Fred

What to make of the Amex-EDS deal?

When it comes to outsourcing, IBM is still king of the hill. It ended 2008 with a market share of 7.3 percent. HP came in second with 4.8 percent of the market. But is HP building some momentum? It

NYSE takes aim at Sarbox for small companies

Recall that NYSE Euronext inked a deal to buy its one-time rival--the American Stock Exchange, known as the curb--back in January. Last week, NYSE Euronext CEO Duncan Niederauer went to Washington, and made his case at the National Press Club that small and medium-sized companies should be exempt

Credit Suisse vs. American Express in Chile

Business is war. We all know that. How's this for some bare-knuckled tactics: America Express Bank, before it was sold to Standard Chartered, charges that one Daniel Rosenkranz, 47--a Swiss national and possible Credit Suisse employee--spent roughly 10 days in Amex's bank offices in Chile in Decem

NYSE's SPAC move: Misguided?

We've spoken a lot about the rise of special purpose acquisition companies, or SPACs. They were all the rage over the past few years, as more top investment banks got involved with them. They were fees to be had, of course. But the deal environment has worsened obviously, and that is making it har