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American Express agrees to pay $350M civil money penalty and consent to regulatory orders

AXPAmerican Express Co

American Express Company and its subsidiaries have consented to orders from the Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) to resolve reviews regarding aspects of its financial crimes compliance program. American Express National Bank agreed to pay a $350 million civil money penalty to the OCC, with a portion reserved in prior periods so it does not impact full-year 2026 guidance or anticipated 2027 costs. The consent orders do not impose an asset cap on the company. American Express operates as a global payments network and travel-related services provider.

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