Banking Services

Head of M&A at Amex sees more targets looking for capital as they shop for deals

Lisa Marches of American Express is seeing more interest from the acquisition target companies, but the attractive price tag will not be enough to get the financial giant to the finish line. As venture capital firms are more cautious and lower general stock prices affect valuations, American Express AXP, + 0.95% He’s receiving more inquiries …

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American Express manufactures the Delta Air Cards using decommissioned jumbo metal

American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) today introduced the first-ever credit card design made using a retired Delta Boeing 747. The limited-edition card design is available exclusively to Delta SkyMiles Reserve and Reserve Business Card members from June 16 through August 3, 2022. The card comes with exclusive content via an …

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Mortgage prepayments are down 62% from a year ago. Here’s what it says about the housing market.

Ultimately, as long as buyers are able to keep up with their regular monthly payments, fewer people making additional mortgage payments likely won’t have a significant impact on the broader housing market, one expert explains. AP Mortgage prepayment activity was down just 19.1% from March to April and 61.8% from a year ago, according to …

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Elon Musk threatens to walk away from Twitter deal

CNN – Elon Musk issued his biggest direct threat yet to walk away from his Twitter (TWTR) purchase on Monday, publicly The social media company is accused of breaching the merger agreement by not providing the data it requested regarding spam and fake accounts. In a letter to Twitter’s head of legal affairs, policy and …

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