The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.

American Express has agreed to pay $230 million to settle charges in two cases brought by federal officials.The financial services firm will pay $138 m

In a report released today, Terry Ma from Barclays maintained a Hold rating on American Express (AXP – Research Report), with a price target of

The New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire products primarily marketed at small and mid-size businesses, federal prosecutors

American Express has agreed to pay a $108.7 million civil penalty to resolve allegations it deceptively marketed credit card and wire transfer products, according to the Justice Department.

American Express has agreed to pay $230 million to settle a federal probe into deceptive marketing practices and civil fraud allegations, the Department of Justice (DOJ) announced Thursday. Under

American Express (AXP) agrees to pay $108.7M civil penalty for deceptive marketing of credit card and wire transfer services, DOJ says.