American Express

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American Express

A financial services company based in New York. It began in 1850 as an express mail service. In 1882, it began offering money orders and later developed traveler's cheques in 1891. Today, it offers charge cards and other forms of credit to individuals and companies. It is one of the 30 companies tracked by the Dow Jones Industrial Average.
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The JSBL was established with the combination of Jahangir Siddiqui Investment Bank Limited (the previous Citicorp Investment Bank Limited) and American Express Bank Limited - Pakistan operations.
The securitized Hong Kong dollar-denominated receivables relate to payments arising under certain eligible personal loans extended by American Express Bank Limited, Hong Kong branch (AEB).
That success led to his appointment as Managing Director at American Express Bank and the head of Private Banking worldwide, and eventually to his position as Chairman of AEBI and Vice Chairman of parent company American Express Bank Limited.
The Company currently serves businesses in Hong Kong including: Standard Chartered Bank, Deutsche Securities, Merrill Lynch, ING Baring Securities, Wachovia Bank, American Express Bank Limited and ABN Amro Bank in the financial sector and COSCO, OOCL, Top Glory Shipping Co, Ltd.

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