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American Express Company (AEX) |
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| Posted: 2018-Aug-01 00:43 by Predator Research |
| Posted: 2026-Oct-09 12:12 by news bot |
| Regulatory pressure has mounted against American Express following a $350 million fine from US bank regulators. The Office of the Comptroller of the Currency and the Federal Reserve cited significant gaps in the lender's anti-money laundering protocols, noting that inadequate staffing, insufficient training, and weak internal controls may have allowed billions in suspicious activity to go undetected. |