Visa U.S.A. president Carl Pascarella prefers not to respond - at least not in kind - to the recent overtures that American Express Co. chairman Harvey Golub made to credit card banks.

"In my way of thinking, Harvey Golub made a speech. That's it. We're continuing on with our business," Mr. Pascarella said in an interview last week.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.