November 23, 2020

American Express Enters into Agreement to Sell Costco U.S. Cobrand Portfolio

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February 29, 2016 08:30 AM Eastern Standard Time NEW YORK–(BUSINESS WIRE)–American Express (NYSE: AXP) today announced that it entered into an agreement to sell its Costco U.S. cobranded card portfolio to Citibank N.A. (Citi). The sale is expected to close June 2016, at which time all eligible Costco American Express Card cobranded accounts will be […]