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Key facts: American Express (AXP) $350M OCC Penalty; No Asset Cap
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American Express (AXP) said its bank agreed to pay a $350M OCC civil penalty over BSA/AML failures, including delayed reporting of about $13B in suspicious activity; part was previously reserved. SEC filing notes OCC consent orders for American Express (AXP) do not impose any asset-size cap. Traders: no regulatory asset limit was attached to those orders. This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the…