8-KOther Events

AMERICAN EXPRESS CO 8-K Report (Apr 16, 2001)

Filed April 16, 2001For Securities:AXP

Summary

This 8-K filing from American Express Company (AXP) dated April 16, 2001, primarily serves as a Regulation FD disclosure, announcing the availability of a comprehensive "Financial Supplement" for April 2001. This supplement provides detailed historical financial information for various key subsidiaries, including Travel Related Services, American Express Credit Corporation, American Express Centurion Bank, American Express Financial Advisors, IDS Life Insurance Company, and American Express Bank. Investors can access this supplement on the company's website, offering them a deeper dive into the financial performance and condition of these significant business segments. The filing indicates that the supplement includes data such as statements of income, balance sheets, selected financial data, management's discussion and analysis, and reports of independent auditors for the relevant periods, primarily up to and including the year 2000. This availability of granular subsidiary data is crucial for investors seeking to understand the underlying drivers of American Express's overall financial results and strategic positioning.

Key Highlights

  • 1American Express Company released a "Financial Supplement" dated April 2001, providing detailed historical financial information.
  • 2The supplement covers key subsidiaries: Travel Related Services, American Express Credit Corporation, American Express Centurion Bank, American Express Financial Advisors, IDS Life Insurance Company, and American Express Bank.
  • 3Information available includes statements of income (managed and GAAP basis), balance sheets, selected financial data, and management's discussion and analysis for these segments.
  • 4The filing indicates that reports of independent auditors for certain subsidiaries are also included, enhancing transparency.
  • 5Investors can access the Financial Supplement on the American Express Company's website under the "Financial Reports" section.
  • 6The disclosure is made under Regulation FD, ensuring widespread and non-discriminatory access to material financial information.
  • 7The data primarily pertains to financial performance up to the fiscal year ended December 31, 2000.

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