American Express

Ticker AXP. Card issuer and network.

5 items in 4 issues, Oct 25, 2026 to Nov 4, 2026, newest first. Each item links to the issue it ran in, where its sources are listed.

November 2026

Wed, Nov 4 · Banks & charters
Bank stocks. Banks held their gains by mid-morning, with KBE up 2.0%, KRE up 2.1% and JPMorgan up 3.7%, and Amex rose 2.2%. Card lenders went the other way: Capital One fell 2.6% and Synchrony 2.5%, which Reuters tied to rate-cap worries; TD Cowen expects any final cap to land closer to 36% than 10% and says it could hit fintechs harder than banks. Strategists read the result as gridlock, and American Banker expects bold financial legislation to stall.
Read in the issue →
Sun, Nov 1 · Also this week
Amex risk chief. Amex named Jodi Richard, U.S. Bank's chief risk officer since 2018, as chief risk officer and head of global risk and compliance, effective Jan 25, 2027, reporting to CEO Stephen Squeri. It follows a $350M civil penalty and Fed and OCC actions this month over anti-money-laundering failures; current CRO Doug Tabish moves to run enterprise shared services.
Read in the issue →

Sat, Oct 31 · Cards & payments
Honor-all-cards. Visa and Mastercard's proposed settlement of roughly 20 years of merchant litigation would drop the rule that merchants accepting one of their cards must accept all, including higher-fee premium cards, and give more room to surcharge them. It still needs a judge's final approval. Some merchants and advisers call it an "empty benefit" because premium cardholders tend to spend more; Amex, not a party, responded "Good luck."
Read in the issue →
Sun, Oct 25 · Earnings
American Express. Q3 EPS was $4.68 (vs $4.47 est. and $4.14 a year ago) on revenue of $20.06B. FY26 EPS guidance is now $17.60-17.90. Amex plans to cut ~5% of its workforce (~3,900 roles, $336M charge) to "reduce layers." Separately, the Fed and OCC fined it $350M over AML failures, with no change to guidance (American Banker, Oct 23).
Read in the issue →
Sun, Oct 25 · Cards & payments
Amex AI push. Amex is applying AI across servicing, operations and product. It is pursuing agentic commerce, where AI agents shop and check out, and has an AI-powered payroll product due in early 2027. It acquired AI firm Hyper earlier in 2026.
Read in the issue →