Posts from November 10, 2008

Ed Kountz | November 10, 2008, 07:34 PM
Fed Approves AmEx Bank Holding Company Request
In the latest evidence of the forces reshaping the U.S. financial services space, the Fed Monday approved a request that would turn American apress, and its affiliate American Express Travel Related Services Co., to bank holding companies. The Fed cited "unusual and exigent circumstances" in its decision, which comes several...( more )