What is the full form of AMEX?
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What is the full form of AMEX?
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The full form of AMEX is American Express Company. It is an international financial services company founded on 18 March 1850 and headquartered in New York, America. The company has offices in Sunrise, Florida, Salt Lake City, Phoenix, Arizona, and the main data centers in North Carolina and Phoenix. The organization deal in charge card, credit card, and traveler's cheque businesses. The logo of the company was first introduced in1958, is a gladiator, whose photo ensue on the company's traveler's cheques, charge, credit cards of the organization. The chairman& CEO of Amex is Stephen J. Squeri and Executive VP and CFO – Jeffrey C. Campbell.
During the 1980s Amex invested in the brokerage business, acquiring what became, in increments, Shearson Lehman Hutton and then divesting these into what became Smith Barney Shearson and a revived Lehman Brothers.
In 2016, credit card utilizing the American Express organization represented 22.9% of the complete dollar volume of Mastercard exchanges in the United States. Till December 31, 2019, the company had 114.4 million cards is operational, including 54.7 million cards is operational in the United States, with average annual spending of $19,972. In 2017, Forbes named American Express as the 23rd most valuable brand in the world.
American Express has a various co-branded card with generally tending to be categorized as one of three classifications:
Airlines Aerolineas Argentinas, Aeroméxico, Air Canada, Air France, Alitalia, British Airways, Cathay Pacific, Delta Air Lines, Icelandair, KLM, Qantas, Scandinavian Airlines, Singapore Airlines, SriLankan Airlines, Thai Airways, Virgin Atlantic, Virgin Australia
Hotels Best Western, Hilton Hotels, and Marriott International
RetailersDavid Jones, Holt Renfrew, Harrods, Macy's, Bloomingdales, Lowe's, Mercedes Benz, Dillard's, and others.
Non-card products
1.Financial advisors
2.International bank
3.Traveler's checks
4.Publishing
5.Travel
