American Express Partners With Schwab on Co-Brand Cards

American Express Co., the lender that cut ties with one of its biggest retailer partners last month, agreed to a multiyear venture with Charles Schwab Corp. to create two co-branded credit cards.

The cards will be available in early 2016, New York-based American Express said Thursday in a statement. More details will be announced closer to when the products become available, according to the statement.