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American Express was fined $350 million by the Office of the Comptroller of the Currency and the Federal Reserve for deficiencies in its anti-money laundering system.
The Office of the Comptroller of the Currency (OCC) and the Federal Reserve took enforcement action against American Express earlier this month, alleging deficiencies in its anti-money laundering system and imposing a $350 million fine on the company. American Express stated that the fine will not impact its previously issued full-year 2026 guidance or any 2027 outlook expectations, and the related regulatory orders do not impose an asset cap on the company.
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