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

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

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 ...

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 ...

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 ...

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

WASHINGTON, D.C. — United States bank regulators fined American Express $350 million after they determined the lender’s ...

U.S. regulators took enforcement action against American Express over anti-money-laundering failures, with the OCC imposing a ...