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American Express Company (AXP): Deep Research Investment Report

1. Executive Summary and Investment Thesis American Express Company (AXP) stands at a critical strategic juncture, operating as a unique hybrid within the global financial services sector. It functions simultaneously as a closed-loop payments network, a merchant acquirer, and a card-issuing bank. This integrated model, often referred to as the “spend-centric” model, differentiates it from […]

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