American Express

American Express Company (Amex) is an American financial services corporation and bank holding company headquartered at 200 Vesey Street (American Express Tower) in Lower Manhattan, New York City. Founded in 1850 in Buffalo, New York, by Henry Wells, William G. Fargo, and John Warren Butterfield, it originally operated as an express-delivery business. Today it specializes in payment cards and operates its own closed-loop payments network connecting cardmembers with merchants. Its revenue comes mainly from discount fees charged to merchants, annual card fees, and net interest income. American Express is listed on the New York Stock Exchange (NYSE: AXP) and is a component of the Dow Jones Industrial Average and the S&P 500. In 2025, total revenues net of interest expense were about USD 72.2 billion and the company employed roughly 76,800 people. Stephen Squeri is Chairman and CEO.