American Express Falls Amid EU’s Proposed Cap On Interchange Fees – ValueWalk Premium

American Express Falls Amid EU’s Proposed Cap On Interchange Fees

Leading card-issuer American Express Company (NYSE:AXP) fell the most in a year amid the European Commission’s proposed move to cap interchange fees.

Morgan Stanley (NYSE:MS) and Credit Suisse analysts expressed concern about the profitability of the biggest . . .

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