Two companies that share the same founders and a rich history, Wells
Fargo (NYSE:
WFC) and American Express (NYSE:
AXP), announced today a
new chapter of partnership that will see Wells Fargo issuing new credit
cards accepted on the American Express network.
Wells Fargo will make the cards available in the marketplace nationwide
by mid-2014. Financial terms of the agreement were not disclosed.
“We are delivering on our strategy to expand our credit card business,”
said John Stumpf, Chairman and CEO of Wells Fargo. “Our goal is to offer
Wells Fargo customers a suite of cards that help them meet their
financial goals. We're proud to have American Express as a partner in
this
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