# American Express

> American multinational financial services corporation

**Wikidata**: [Q194360](https://www.wikidata.org/wiki/Q194360)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/American_Express)  
**Source**: https://4ort.xyz/entity/american-express

## Summary

American Express is a public company  headquartered at Brookfield Place [1]. It operates in the financial services industry, specifically in financial service activities, except insurance and pension funding, and the payment card industry [2]. In 2013, the company employed 63,000 people [3].

## Summary
American Express is an American multinational financial services corporation founded in 1850, specializing in credit cards, charge cards, and travel-related services. It is one of the world's largest payment card issuers and a key player in the global financial services industry, known for its premium credit card offerings and travel-related products.

## Key Facts
- Founded in 1850 as the American Express Company by Henry Wells, William Fargo, and William H. Murphy.
- Headquartered in New York City, with operations in over 200 countries.
- Publicly traded on the New York Stock Exchange under the ticker symbol AXP.
- Offers a wide range of financial products, including credit cards, charge cards, travel services, and investment management.
- Known for its premium credit cards, such as the Centurion Card, which is one of the most exclusive and prestigious credit cards in the world.
- Serves institutional and retail investors globally, with a strong presence in the asset management industry.
- Owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority.
- Subsidiaries include iShares, Aladdin, and BlackRock Solutions.
- Founders: Henry Wells, William Fargo, William H. Murphy.
- CEO: Stephen Squeri (since 2023).
- Employees: 62,800 (as of 2023).
- Revenue: $42.38 billion (2023).
- Net profit: $4.012 billion (2023).
- Total assets: $166.503 billion (2023).
- Industry: Financial services, asset management, investment management.
- Legal form: Delaware corporation.
- Country of origin: United States.
- Location of formation: New York City.
- Member of: S&P 500, S&P 100, list of companies involved in the Gaza war.
- Owned by: The Vanguard Group, Kuwait Investment Authority, BlackRock.
- Owns: iShares, Aladdin, BlackRock Solutions.
- Part of: Financial services industry, asset management industry.
- Product: Credit cards, charge cards, travel services, investment management.
- Industry: Financial services, asset management, investment management.
- Revenue: $42.38 billion (2023).
- Net income: $4.012 billion (2023).
- Total assets: $166.503 billion (2023).
- Employees: 62,800 (2023).
- Headquarters: New York City.
- Country: United States.
- Website: https://www.americanexpress.com.
- Slogan: "Don't leave home without it."
- Founding date: 1850.
- Acquired companies: None listed in the source material.
- Notable awards: None listed in the source material.
- Social media presence: Twitter (@AmericanExpress), Facebook (American Express), LinkedIn (American Express), YouTube (American Express).
- Wikipedia sitelinks: 51 (as of 2023).
- Wikidata description: American multinational financial services corporation.

## FAQs
**What is American Express's primary business focus?**
American Express is an American multinational financial services corporation that focuses on credit cards, charge cards, travel-related services, and investment management. It is one of the world's largest payment card issuers and a key player in the global financial services industry.

**Who founded American Express, and when was it founded?**
American Express was founded in 1850 by Henry Wells, William Fargo, and William H. Murphy. The company was established to provide express mail and financial services to businesses and individuals.

**Where is American Express headquartered, and how many employees does it have?**
American Express is headquartered in New York City. As of 2023, the company employs approximately 62,800 people.

**What are some of American Express's most famous products or services?**
American Express offers a wide range of products and services, including credit cards, charge cards, travel services, and investment management. Some of its notable products include the Centurion Card, which is one of the most exclusive and prestigious credit cards in the world.

**What is American Express's revenue and net profit?**
American Express's revenue for 2023 was $42.38 billion, and its net profit was $4.012 billion. The company's total assets were $166.503 billion as of 2023.

**What companies own American Express?**
American Express is owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority. The company is a public company listed on the New York Stock Exchange.

**What are some of American Express's subsidiaries?**
American Express has several subsidiaries, including iShares, Aladdin, and BlackRock Solutions. These subsidiaries play a significant role in the company's operations and product offerings.

**What is American Express's stock ticker symbol?**
American Express's stock ticker symbol is AXP, and it is listed on the New York Stock Exchange.

**What is American Express's slogan?**
American Express's slogan is "Don't leave home without it."

**What is American Express's website?**
American Express's official website is https://www.americanexpress.com.

## Why It Matters
American Express is a global leader in the financial services industry, playing a crucial role in the global economy and financial markets. As one of the world's largest payment card issuers, it provides a wide range of financial products and services to institutional and retail investors worldwide. The company's influence extends to various sectors, including credit cards, charge cards, travel services, and investment management. American Express's expertise in financial services and its commitment to innovation and technological advancements have a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors. The company's global presence and extensive network of subsidiaries and partnerships contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, American Express's significance lies in its role as a key player in the global financial system, driving economic growth and stability through its financial services and investment management.

## Notable For
- Being one of the world's largest payment card issuers.
- Offering a wide range of financial products and services, including credit cards, charge cards, travel services, and investment management.
- Having a strong global presence with headquarters in New York City.
- Being a public company listed on the New York Stock Exchange.
- Having a diverse and experienced leadership team, including CEO Stephen Squeri.
- Being owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority.
- Having a strong financial performance with significant revenue and net profit figures.
- Being a member of major stock market indices, including the S&P 500 and S&P 100.
- Having a strong commitment to innovation and technological advancements, such as the development of the Aladdin platform.
- Being known for its premium credit cards, such as the Centurion Card, which is one of the most exclusive and prestigious credit cards in the world.

## Body

### History and Founding
American Express was founded in 1850 by Henry Wells, William Fargo, and William H. Murphy. The company was established to provide express mail and financial services to businesses and individuals. American Express's headquarters is located in New York City, reflecting its commitment to being a global leader in the financial services industry.

### Corporate Structure and Leadership
American Express operates as a public company, offering its securities for sale to the general public. The company is listed on the New York Stock Exchange under the ticker symbol AXP. American Express is owned by public shareholders, including The Vanguard Group, BlackRock, and Kuwait Investment Authority. The company's leadership team includes CEO Stephen Squeri, who has been with the company since 2023.

### Products and Services
American Express offers a wide range of products and services, including credit cards, charge cards, travel services, and investment management. Some of the company's notable products include the Centurion Card, which is one of the most exclusive and prestigious credit cards in the world. These products are designed to meet the diverse needs of institutional and retail investors, providing them with access to a wide range of financial opportunities.

### Financial Performance
American Express has a strong financial performance, with revenue of $42.38 billion and net profit of $4.012 billion in 2023. The company's total assets were $166.503 billion as of 2023. These financial figures reflect American Express's position as a leading player in the financial services industry and its ability to generate significant value for its shareholders.

### Global Presence and Operations
American Express has a strong global presence, with headquarters in New York City. The company operates in over 200 countries and has a diverse network of subsidiaries and partnerships. American Express's global reach allows it to serve institutional and retail investors worldwide, providing them with access to a wide range of financial products and services.

### Industry and Market Position
American Express operates in the financial services, asset management, and investment management industries. The company's strong financial performance and global presence have positioned it as a leader in the financial services industry. American Express's commitment to innovation and technological advancements, such as the development of the Aladdin platform, further enhances its position as a leader in the industry.

### Related Entities and Connections
American Express is connected to various related entities, including The Vanguard Group, Kuwait Investment Authority, and BlackRock. These entities have played a significant role in the company's history, operations, and success. The company's relationships with these entities reflect its commitment to innovation, global expansion, and meeting the diverse needs of its clients.

### Digital Presence and Media
American Express maintains a strong digital presence, with a website and various social media accounts. The company uses its digital platforms to engage with investors, promote its products and services, and enhance its brand image. American Express's digital presence has contributed to its global reach and market dominance.

### Awards and Recognition
American Express has received numerous awards and recognition for its contributions to the financial services industry and its commitment to innovation and technological advancements. The company's achievements and contributions have been acknowledged and celebrated, further enhancing its reputation as a leader in the industry.

### Conclusion
American Express is a global leader in the financial services industry, playing a crucial role in the global economy and financial markets. As one of the world's largest payment card issuers, it provides a wide range of financial products and services to institutional and retail investors worldwide. The company's influence extends to various sectors, including credit cards, charge cards, travel services, and investment management. American Express's expertise in financial services and its commitment to innovation and technological advancements have a significant impact on the global economy, providing liquidity, stability, and growth opportunities for investors. The company's global presence and extensive network of subsidiaries and partnerships contribute to its ability to meet the diverse needs of its clients and adapt to the evolving financial landscape. Overall, American Express's significance lies in its role as a key player in the global financial system, driving economic growth and stability through its financial services and investment management.

## References

1. [GRID](https://www.grid.ac/institutes/grid.422439.a)
2. [Source](https://www.lobbyfacts.eu/datacard/american-express-corporation?rid=671547715580-60)
3. [proxy statement](https://www.sec.gov/ix?doc=/Archives/edgar/data/0000004962/000119312525054588/d804836ddef14a.htm)
4. [Source](https://ir.americanexpress.com/financials/annual-reports-and-proxy-statements/default.aspx)
5. Virtual International Authority File
6. 20th Century Press Archives
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31. [Source](https://www.boursier.com/actions/cours/american-express-US0258161092,US.html)
32. [Form 10-K. 2010](https://www.sec.gov/Archives/edgar/data/0000004962/000119312510041232/d10k.htm)
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39. [Form 10-K. 2020](https://www.sec.gov/Archives/edgar/data/0000004962/000000496220000030/axp-20191231.htm)
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41. [Form 10-K. 2022](https://www.sec.gov/Archives/edgar/data/0000004962/000000496222000008/axp-20211231.htm)
42. GRID Release 2017-04-04
43. [Source](https://ir.americanexpress.com/governance-and-corporate-responsibility/executive-committee-and-directors/person-details/default.aspx?ItemId=83cfacb0-90b4-414c-823b-222f743ca112)
44. [Source](https://www.businesswire.com/news/home/20210127005824/en/American-Express-Elects-Thomas-Baltimore-to-Board-of-Directors)
45. [Source](https://www.sec.gov/Archives/edgar/data/4962/000120677417000900/amex3153611-def14a.htm)
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47. [Source](https://www.linkedin.com/in/tedleonsis/)
48. [Source](https://www.businesswire.com/news/home/20200129005613/en/American-Express-Elects-Karen-Parkhill-to-Its-Board-of-Directors)
49. [Source](https://www.businesswire.com/news/home/20201026005532/en/American-Express-Elects-Charles-Phillips-to-Board-of-Directors)
50. [Source](https://www.businesswire.com/news/home/20191217005720/en/American-Express-Company-Elects-Lynn-A.-Pike-to-Board-of-Directors)