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On the servicing front, American Express has made a decision to merge World Service and Global Credit Administration into an individual organization led by executive second in command Raymond Joabar. The credit-card provider said in February which it expects to perform the sale with the deal to Citigroup by June. American Express ( NYSE:AXP ) has established a reputation for serving high-end consumers without-limit cards that sometimes require expensive membership fees. Despite sky-high fees and deep-pocket spenders, Am - Ex's newest quarterly earnings, released in January, tell another story. Intro Offer: Get 0% intro APR for 15 months on purchases and balance transfer promotions. Similarly, on vacation issued cards, transaction fee has dropped from 3. Second-tier cities and unique venues are growing in popularity, as well as smaller meetings, held closer to home. The stock price is trading upbeat from its 200 days moving average with 16. Always providing its consumers with premium access, Amex will have a two story hospitality space onsite for Card Members featuring food and beverages and special programming, too as interactive activities for consumers to enjoy.
