Cards
Plunging consumer credit quality forces American Express to seek Federal bailout Thursday 13 November 2008 | 03:44 PM CET
Diversified financial services company American Express receives government approval to become a bank holding company, in a bid to attract deposits from customers and thus compete for additional funding on the same market as rival banks and large credit issuers regulated by the Federal Reserve Board.

Print | Contact editor | Mail
© 2012 The Paypers
More: Full article | Link

This Month

Next Month