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"American Express shares trade richly at 3.2x book value which we continue to believe is pricing for perfection even outside of any potential impact from the DOJ, " Arnold said.
FORBES
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In 1983 Mr Safra agreed to sell Trade Development Bank to American Express, then a sprawling financial services group.
ECONOMIST: Banking
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Financial service companies, which curtailed spending in a big way last year, are jumping back into advertising, led by American Express, E-Trade it advertised during the Super Bowl earlier this year and J.
FORBES: TV Advertising: It's Not Dead!
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Ultimately we trade products for products, and to express oneself in a currency whose value is defined by the dollar is the best way to facilitate those exchanges.
FORBES: Due to Your China Stance, Donald Trump, You're Fired
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Around 100, 000 Spanish trade unionists took to the streets in Barcelona Thursday to express their opposition to any tampering with present practices.
CNN: European leaders
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This Federal Express disciple, who became the CEO of E-Trade in March 1996, insists that the company has moved beyond the online brokerage business to a new battlefront: unified online finance.
FORBES: After the bubble
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This Federal Express disciple, who became chief executive of E-Trade in March 1996 (just as it was launching its online trading portal), insists the firm has moved beyond the online brokerage business to a new battlefront: unified online finance.
FORBES: After the Bubble
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"Wells Fargo, Citibank and American Express all have piddly little brokerages, " says E-Trade President Jerry D.
FORBES: After the Bubble
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Shares in American Express had rallied into earnings, but fell more than 1% in early after-hours trade.
FORBES: Put Away The Black Card, Amex Went Nowhere In Q3
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In August, Forbes first disclosed that American Express had been used by Colombians to launder drug money through the black market peso exchange, a trade-based money laundering system.
FORBES: Magazine Article