American Express: Meaning (information, definition, explanation, facts)

American Express (NYSE:AXP) is a diversified financial services company in the United States. The company is mainly known for its credit card and charge card business. It is also a large player in the travel services, mutual fund, brokerage and insurance businesses.

Company headquarters are in New York City. The current CEO is Ken Chenault.

The company's common stock trades on the New York Stock Exchange under the ticker symbol AXP. It is one of the 30 stocks that comprise the Dow Jones Industrial Average.

American Express was founded in 1850 by Henry Wells and William Fargo, as a courier service. As the company grew, it diversified into travel-related and financial services that the company now provides.