Brief description of American Express

Among many of the multinational financial corporations around the world, American Express is one of those corporations whose basic aim is to provide financial services and Banking solutions. This renowned multinational corporation is basically an American company, and its headquarter is located in Three World Financial Center, Manhattan, New York City, United States of America. The American Express, being the renowned corporation is also one of the oldest Banking and Financial service providing company of the world, which can be estimated by its date of foundation, which is 1850, while its logo was adopted in the year 1958 and can be seen on the company’s cards and cheques.

The American Express deals in credit cards, charge cards, and traveler’s cheques, and it is well known for this business. The American Express is also known as AXP in the stock market. American Express has been ranked as the world’s 22^nd most valuable brand, which is estimated to be worth $14.97 billion. On the other hand, AXP has been listed as the 20^th most admirable company of the world by Fortune.

In its overall career the company had gained many achievements such as in the previous year the operating income of the company was $7.888 billion, its net income was $5.359 billion. Moreover, if you see AXP stock graph or stock charts of history or of even today, its success can easily be noted. American Express’s stock symbol is AXP, its trades under NYSE while its today’s stock price varies from $86.11 to $88.05.