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Amex CEO Kenneth Chenault (Bloomberg News)
DEADLINE NEARS: Amex will propose its own reforms to the judge if the company and DOJ cannot find common ground, a company spokesman said in an email. Amex's survival depends on the outcome, CEO Kenneth Chenault has said.
A court-imposed deadline for American Express to negotiate a fix to its merchant rules with the Department of Justice is about three weeks away. Odds of a deal are said to be low, heightening uncertainty — and fueling debate — about how the showdown will affect the future of the credit card business.

Top Stories

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FinTech Forward
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