Recap: Wells Fargo To Close Branches, AmEx Profit Fall, Targeted Upgrade Offer & More

  • American Express Profit Falls by WSJ. Not surprised that American Express is feeling the squeeze, every card issuer is going after the premium card market space at the moment and that’s something they have traditionally dominated.
  • Wells Fargo to Close 450 Branches by Motley Fool. Will still be the largest bank by branch count, but it’s a significant cut.

 

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