BRIEF-American Express Says Complying with U.S. And International Sanctions; Halted relationships With Impacted Bank Partners In Russia


Reuters | Updated: 02-03-2022 08:27 IST | Created: 02-03-2022 08:27 IST
BRIEF-American Express Says Complying with U.S. And International Sanctions; Halted relationships With Impacted Bank Partners In Russia

American Express Co: * AMERICAN EXPRESS - BUSINESS IN RUSSIA IS SMALL, CONSISTING OF ONE PARTNER THAT ISSUES CARDS AND HANDFUL THAT ACQUIRE MERCHANTS FOR PAYMENT TRANSACTIONS

* AMERICAN EXPRESS - TAKING ALL NECESSARY STEPS TO DETECT, PREVENT, AND RESPOND TO ANY MALICIOUS ACTIVITY THROUGH LAYERED DEFENSES * AMERICAN EXPRESS- COMPLYING WITH U.S. & INTERNATIONAL SANCTIONS,WHICH RESULTED IN US HALTING RELATIONSHIPS WITH IMPACTED BANK PARTNERS IN RUSSIA

* AMERICAN EXPRESS - AMERICAN EXPRESS DOES NOT EMPLOY ANYONE DIRECTLY IN UKRAINE; ALSO HAVE A SMALL NUMBER OF COLLEAGUES IN RUSSIA Source text for Eikon: https://amex.co/3C9JTI2 Further company coverage:

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