Ken Chenault's parting warning: Banks made big error on payments

Published: 6/12/2017
Ken Chenault's parting warning: Banks made big error on payments
Source: WWW.AMERICANBANKER.COM

America’s largest lenders made an epic mistake a decade ago when they cashed out of Visa and Mastercard through initial public offerings, says Chenault, who will step down in February as CEO of American Express.

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