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Swiss bank UBS Group (UBS) is selling its 50% stake in credit card provider Swisscard to American Express (AXP). UBS inherited the stake in Swisscard through its acquisition of former rival Credit ...

American Express (NYSE: AXP) reported strong third-quarter results, with net income of $2.51 billion, or $3.49 per share, compared to $2.45 billion, or $3.45 per share, in the same period last year.

In a report released on October 18, Jon Arfstrom from RBC Capital maintained a Buy rating on American Express (AXP – Research Report), ...

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UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank's 50-percent stake in credit card provider Swisscard.

UBS Group is selling a 50% stake in credit-card joint venture Swisscard it inherited from Credit Suisse to partner American Express for an undisclosed sum. The deal will make American Express the sole ...

UBS announced on Monday that it is selling its 50 per cent stake in credit card provider Swisscard, acquired through its ...