American Express Company (AXP) Presents at Barclays 23rd Annual Global Financial Services
Group 1 - The core viewpoint indicates that Amex's consumer billings growth has remained resilient, showing a 7% growth in the first half of 2025, consistent with the growth rate for fiscal year 2024 [1] - The CFO noted a recovery in the travel and entertainment (T&E) sector, particularly in airline spending, after experiencing some softness earlier in the year [1] - Retail spending is also performing well, contributing to a positive outlook for consumer trends, which appear stronger than media reports suggest [1]