Page 2 - American Express Card
Amazon explores replacing JPMorgan as issuer of co-brand credit card
American Express Co. and Synchrony Financial are among those bidding on the portfolio.
 "Amazon explores replacing JPMorgan as issuer of co-brand credit card")
RBI bars American Express, Diners Club from onboarding new customers
The central bank said the card companies did not adhere to guidelines on local data storage
 "RBI bars American Express, Diners Club from onboarding new customers")
Top headlines: HCL Tech Q4 net dips 6%; RBI restricts Amex, Diners Club
Zydus Cadila gets DCGI nod for hepatitis drug to treat Covid patients, Modi calls for utilising industry's full potential to meet oxygen demand, and other top news of the day
 "Top headlines: HCL Tech Q4 net dips 6%; RBI restricts Amex, Diners Club")
American Express commits $1 bn to promote racial, gender equality
The company also said it intends to double its spending on diverse and minority-owned suppliers in the United States, as well as provide grants to non-profit organizations by the end of 2024
 "American Express commits $1 bn to promote racial, gender equality")
American Express profit slumps 40% on lower credit card spending amid Covid
The credit card issuer said consolidated loss provisions in the third quarter ended Sept. 30 stood at $665 million, down 24% from a year earlier
 "American Express profit slumps 40% on lower credit card spending amid Covid")
American Express in advanced talks to buy SoftBank-backed Kabbage
American Express Co.'s small-business aspirations just took another step forward
American Express profit tumbles 85% as pandemic-related defaults loom
Shares were down about 1% before the bell, even as the group managed to eke out a small profit rather than report a loss as expected by analysts
American Express pledges Rs 9 cr to help those combating Covid-19 in India
The grants will help provide protective equipment to frontline healthcare workers, support the development of vaccines and research and help feed people
 "American Express pledges Rs 9 cr to help those combating Covid-19 in India")
American Express quarterly profit plunges 76% on $1.7 bn reserve build
Shares of the company were up nearly 2%, as it kept a tight lid on costs to weather the impact of the pandemic on its business
American Express works at broadening its card reach
Eases entry requirement, ties up with bigger banks for wider merchant acceptance
 "American Express works at broadening its card reach")
Super premium cards for the wealthy
These are the top five such cards from the major issuers
 "Super premium cards for the wealthy")
