The American Express Company, often abbreviated Amex, AmEx, AX or Amexco, is a global provider of financial services based in New York City, USA. The company is best known for its charge card, credit card, and traveler's cheque businesses.
According to American Express's latest financial reports the company has โฌ28.23 Billion in net assets. A companyโs net assets is the sum of its assets minus the sum of its liabilities.