AmEx Profit Beats Estimates on Credit-Card Spending

April 17 (Bloomberg) -- American Express, the biggest U.S. credit-card issuer by purchases, posted a first-quarter profit that exceeded analysts’ estimates as consumers stepped up spending. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

UniCredit’s Ghizzoni Survives Calls for Management Shift
52:23 - UniCredit SpA said its board unanimously backs Chief Executive Officer Federico Ghizzoni, rebuffing shareholders who have called for a change in management. The comments came in a regulatory statement Tuesday after Italy’s biggest bank said fourth-quarter profit fell on one-time charges related to the lender’s reorganization and its share of costs for winding down four Italian banks.
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