American Express fined $350 million for weak anti-money laundering processes

Statements (6)

1. ▼ Bearish

   The Federal Reserve ordered American Express National Bank to overhaul anti-money laundering controls.

   americanbanker.comOct 8, 2026 22:21 UTCHigh importance
2. ▼ Bearish

   The Office of the Comptroller of the Currency fined American Express National Bank $350 million.

   americanbanker.comOct 8, 2026 22:21 UTCHigh importance
3. ▼ Bearish

   American Express is facing regulatory scrutiny over anti-money laundering program deficiencies.

   bankingdive.comOct 8, 2026 20:59 UTCHigh importance
4. ▼ Bearish

   American Express National Bank was fined $350 million for an insufficient anti-money laundering program

   reuters.comOct 8, 2026 20:52 UTCHigh importance
5. ▼ Bearish

   American Express was fined $350 million for weak anti-money laundering processes

   barrons.comOct 8, 2026 20:41 UTCHigh importance
6. ▼ Bearish

   Federal Reserve Board enforces action against American Express Company to address failure to detect and report suspicious activity related to money laundering.

   federalreserve.govOct 8, 2026 20:30 UTCHigh importance