American Express

Parent Company

CEO: Stephen Squeri
Core Business: Payment Services, Credit Cards, Banking
Founded: 1850
HQ: New York, NY
Market Cap: $137B+ (2024)
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Express Company

Joint Venture

CEO: Yaming Zhu
Core Business: Retail & Fashion
Co-Investment with LianLian Pay
Investment Focus: Retail Innovation
Joint venture between AMEX and LianLian Pay
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Core Subsidiaries
American Express National Bank

Direct Subsidiary

President: Denise Pickett
Core Business: Consumer & Commercial Banking
Banking & Lending Operations
Assets: $243B+ (2023)
100% owned by American Express
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American Express Marketing & Development Corp

Direct Subsidiary

President: Raymond Joabar
Core Business: Marketing & Product Development
Marketing Strategy & Innovation
Market: Global
100% owned by American Express
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American Express Travel Related Services Company

Direct Subsidiary

President: Audrey Hendley
Core Business: Travel Services & Solutions
Travel Booking & Management
Market: Global
100% owned by American Express
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American Express Global Business Travel

Joint Venture

CEO: Paul Abbott
Core Business: Corporate Travel Management
Global Travel Solutions
Operations: 140+ countries
50% ownership stake
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American Express Prepaid Card Management Corporation

Direct Subsidiary

President: Sarah Martinez
Core Business: Prepaid Card Solutions
Prepaid Products & Services
Market: Global
100% owned by American Express
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American Express Insurance Services

Direct Subsidiary

CEO: Michael O'Neill
Core Business: Insurance Products
Travel Insurance & Card Protection
Coverage: Worldwide
100% owned subsidiary
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Recent Acquisitions
Bank of Hawaii Card Portfolio (2000)

Acquired Portfolio

N/A
Credit Card Services
Acquired in December 2000 for $226 million
Sold to Bank of America in January 2006
Bank of Hawaii
MBNA Partnership (2004)

Partnership

N/A
Credit Card Issuing
Partnership began in January 2004
First card launched on June 30, 2006
MBNA
Corporate Payment Services of General Electric (2008)

Acquired Business

N/A
Purchasing Card Solutions
Acquired in March 2008 for $1.1 billion
Added V-Payment to product portfolio
General Electric
American Express Bank Ltd (2008)

Acquired Bank

N/A
International Banking
Acquired by Standard Chartered Bank in March 2008
Standard Chartered Bank
LoungeBuddy (2019)

Acquired Company

N/A
Airport Lounge Access
Acquired in March 2019
Offers pay-per-use access to airport lounges
LoungeBuddy
Kabbage (2020)

Acquired Company

N/A
Small Business Lending
Acquired in 2020
Renamed to American Express Business Blueprint in 2023
Kabbage
Tock (2024)

Acquired Company

N/A
Dining Reservations
Acquired in June 2024
Enhances dining reservation services
Tock
Technology Investments
FalconX

Strategic Investment

CEO: Raghu Yarlagadda
Core Business: Digital Asset Trading
Crypto Infrastructure
Investment: $75M+
Digital asset strategy partner
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