Home | Business News | Browse by Publication | B | Business Wire

Fitch: Sale of American Express Bank Ltd. Will Not Impact AXP Ratings.

Publication: Business Wire
Publication Date: 18-SEP-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Today, Fitch Ratings said American Express Company's (AXP) decision to sell American Express Bank, Ltd. (AEB) will not have any impact on the company's ratings. AEB, the international banking subsidiary, contributed relatively little to consolidated profitability metrics and entity performance was not a significant ratings driver....

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
Financial Plus Federal Credit Union Upgrades to FICS' Full Suite of Mo..., September 18, 2007
Intel Demonstrates Industry's First 32nm Chip and Next-Generation Neha..., September 18, 2007
The Green Grid Announces Collaboration Agreement with the Department o..., September 18, 2007
Dean & DeLuca Announces New Flagship Store at Fashion Island in Southe..., September 18, 2007
Aehr Test Systems Schedules First Quarter Fiscal Year 2008 Earnings Re..., September 18, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.