American Express is gradually recovering from the setback it experienced in mid-2016, when it lost out to Citi for the right to issue Costco cards. The card giant has done well to hold on to its market share of 10% over recent quarters despite facing stiff competition from JPMorgan and Citigroup.
from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/09/15/american-express-has-regained-ground-in-the-u-s-card-market-but-competition-remains-fierce/
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