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>> AMERICAN EXPRESS Latest News

AUG 16, 2013 - TheStreet

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American Express and Discover Keep Taking Market Share

NEW YORK (TheStreet) -- U.S. consumers continue to deleverage, but that doesn't keep two of the major credit card lenders from continuing to expand. One of the lovely things about credit card lenders is the availability of monthly loan balance and credit quality information for several major lenders, along with separate monthly master trust reports for all, which provide credit quality detail on their entire managed card portfolios, including securitized loans. American Express late on Thursday reported its average credit card balances on the company's balance sheet grew to $54.6 ... Read More

Tags: American Express and Discover Keep Taking Market Share,  American Express Latest News