TOP 100 COMPANIES

IMAGE: AMERICAN EXPRESS

Founded in 1850

CEO: Stephen Squeri

www htps com:/ americanexpres. /. www htps company american-expres:/ linkedin. /

American Express has existed for more than 170 years, but the company today is a lot different from its early beginnings.

It started out as a freight forwarding company, providing a way to deliver packages and other goods quickly along a network of rail lines from the US East Coast to Minnesota. It had introduced a range of financial products and travel services by the 1950s and has been side-by-side with its clients through some of the most significant moments of the last century.

American Express helped evacuate travellers during both World Wars, protected the safety of customers’ funds during the Great Depression, and created the‘ Shop Small’ movement after the financial crash. Today it has 77,000 employees and a yearly revenue

of US $ 50bn. Regarded as one of the most valuable companies in the world, American Express makes up one of the 30 members of the Dow Jones Industrial Average. Headquartered in the American Express Tower in Lower Manhattan, the company is the largest provider of traveller’ s cheques in the world today. Beyond this, in the US, American Express accounts for over 22 % of all domestic credit card transactions with 56.4m cards issued in the US as of 2016.

Its global significance led Forbes to name it the most valuable brand in global financial services in 2017. Today, the financial services provider offers a plethora of financial options, including airline rewards, cashback services and other retail and hotel rewards. The company offers 24 / 7 customer care and employs a robust fraud prevention service.

Financial Services United States

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