American express employees misled and coerced scores of small business owners into signing up for cards according to a new report from the wall street journal.
Wall street journal american express.
American express nyse axp salespeople misrepresented card rewards and fees checked credit reports without permission and in some cases issued cards that weren t requested the wall street.
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The wall street journal.
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Employees reportedly checked.
Saleswoman had finally convinced bryan daughtry to apply for a card.
The wall street journal.
American express gave small businesses one rate then secretly raised it the forex division s commissions driven culture was cited by current and former employees as fueling the practice.
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The fbi began its investigation in august the people said after the wall street journal citing current and former employees reported that amex s foreign exchange unit had recruited business.
Engages in the provision of charge and credit card products and travel related services.
Mastercard and visa are two of the most loved stocks on wall street.
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American express with a market cap of about 98 billion has had years with double digit losses in its annual performance in.
If american express does not.