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14.11.25 - 03:24
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Verizon, BofA & Amex on the Critical Role of Technology (Bloomberg)
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Debika Bhattacharya, Chief Technology Solutions Officer, Verizon Business, Michelle Boston, CIO, Data Management Technology & Enterprise Architecture, Bank of America and Shoma Chakravarty, Senior Vice President, Enterprise Software & Chief Architect, American Express discuss the critical role of technology in supporting business with Bloomberg's Mandeep Singh at Building a Future-Ready Business event in New York. (Source: Bloomberg)...
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10.11.25 - 13:06
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American Express Global Business Travel Reports 13% Revenue Growth and 9% Adjusted EBITDA Growth in Q3 2025 (Business Wire)
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Company Raises FY 2025 Guidance to Revenue Growth of Approximately 12% and Adjusted EBITDA of $523 Million to $533 Million
Amex GBT's Core Business Revenue and Adjusted EBITDA Performance In Line with Expectations; Closed CWT Acquisition on September 2, 2025
NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel (Amex GBT) (NYSE: GBTG), a leading software and services company for travel, expense and meetings & events, today reported third quarter 2025 financial results.
(in millions, except percentages; unaudited)
Three Months Ended
YOY
Inc / (Dec)
September 30,
2025
2024
Revenue
$
674
$
597
13%
Total operating expenses
$
662
$
570
16%
Net loss
$
(62)
$
(128)
52%
Net loss margin
(9)%
(21)%
1220bps
Gross Profit
$
388
$
347
12%
Gross...
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03.11.25 - 15:36
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New York Life Appoints Howard Grosfield to Board of Directors (Business Wire)
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NEW YORK--(BUSINESS WIRE)--New York Life, America's largest1 mutual life insurer, today announced that Howard Grosfield, Group President of U.S. Consumer Services at American Express Company (NYSE: AXP), has joined the company's board of directors, effective immediately. Grosfield will serve as a member of the board's Audit and Insurance & Operations committees.
“Howard is a visionary leader with expertise in consumer financial services, digital innovation and large-scale business transformation,” said New York Life Chair, President & CEO Craig DeSanto. “His deep understanding of consumer needs and success in driving growth through technology-forward strategies will be a tremendous asset as we provide seamless experiences, unparalleled value and financial security to our clients.”
Grosfield is a member of the company's Executive Committee and leads a global team responsible for all aspects of American Express' U.S. Consumer Card portfolio, including American Express Travel, the Centurion Loun...
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