= Subscriber content; or subscribe now to access all American Banker content.

Chargeoff by American Express spurs an overhaul of operations.

OCT 4, 1991 1:00am ET

NEW YORK -- The credit card problems that forced American Express Co. to announce a $265 million charge against third-quarter earnings is leading to an overhaul of the company's credit operations and...

To continue, please or subscribe
FREE 14-DAY
TRIAL
  • Full access to banking's most comprehensive daily report
  • Daily, weekly, and topic-based newsletters and alerts
  • Award-winning analysis and insight, focused on bankers' key concerns
No credit card needed
SUBSCRIBE
NOW
All subscription content plus:
  • Bimonthly industry research reports (including archive)
  • Morning Scan Plus e‑newsletter
  • Full access to 2016: The Candidates, the Issues
Have an account?
SIGN IN HERE
Remember me