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Amex Earnings Top Estimates as Platinum Card Demand Surges
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- Ben Elliott, Bloomberg Intelligence Consumer Finance Analyst, discusses American Express earnings. American Express reported earnings that beat expectations after unveiling the long-anticipated Platinum credit card refresh last month. Initial demand for the revamped Platinum card exceeded the firm’s predictions, with US Platinum account acquisitions doubling from pre-refresh levels.
- Keith Naughton, Bloomberg News Auto Reporter, discusses how car loans…
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