The bureau also issued a cease-and-desist order, citing deficiencies in the bank’s BSA and AML compliance programme.

The Office of the Comptroller of the Currency (OCC) today announced a cease-and-desist order and a $350 million civil money penalty against American Express National Bank, Sandy, Utah (bank), for ...

Regulators cite systemic weaknesses after bank failed to adequately report around $13bn in suspicious activity American ...

M for deficiencies in the bank's Bank Secrecy Act and anti-money laundering, or BSA/AML, compliance program, according to a statement on Thursday. The Federal Reserve Board and the Office of the ...

The Office of the Comptroller of the Currency Thursday fined American Express National Bank $350 million after uncovering $13 ...

The U.S. Office of the Comptroller of the Currency (OCC) ordered the penalty and announced a cease-and-desist order against ...

American Express Company (NYSE:AXP, XETRA:AEC1) has been fined $350 million by US banking regulators after failing to maintain adequate controls to detect and report suspicious activity, including ...

American Express National Bank faces a $350 million OCC penalty after AML failures, as the Federal Reserve orders group-wide ...

The Federal Reserve Board on Thursday, October 8, 2026, announced an enforcement action against American Express Company to ...

Regulators fined American Express (AXP) with a $350 million penalty Thursday over widespread failures in its anti-money laundering controls that left approximately $13 billion in suspected money ...

OCC fines American Express $350 million after a cease-and-desist order for major anti-money laundering compliance failures ...

American Express hit with a $350m penalty over AML failures highlights significant compliance weaknesses in its operations.