American Express Doubles Down on Premium Strategy with Card Revamp and Partnerships

As competitors scramble for every customer, American Express is reinforcing its commitment to the premium segment. The financial services giant is implementing a dual-pronged approach: completely overhauling its flagship Platinum Card while simultaneously expanding its business partnership network. This strategic push aims to solidify the company’s dominance in the high-end market, though questions remain about whether increased fees and enhanced benefits can drive sustainable growth.

Amid this aggressive growth strategy, significant stock sales by two senior executives have captured investor attention. CEO Stephen Squeri disposed of shares worth over $37 million in early September. Around the same time, Vice Chairman Douglas Buckminster sold holdings valued at more than $7.6 million. Transactions of this magnitude by company insiders often prompt market scrutiny, particularly... Read more...