AmEx posts first loss in 26 years on tax charge, suspends buybacks

(Reuters) - American Express Co posted its first quarterly loss in 26 years, due a $2.4 billion charge related to the U.S. tax law overhaul and the credit card issuer also said it would suspend its share buyback program for the first half of 2018.

AmEx posts first loss in 26 years on tax charge, suspends buybacks
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