American Express says its cards have no preset spending limit, but each purchase still needs approval. The article also recalls a declined purchase, and reports no change in the company's sales, fees, or losses.
For American Express, the article explains that no preset spending limit does not guarantee approval. It also recalls a past card decline. That shows both spending flexibility and a limit on individual purchases. The story gives no new sales, fees, or loss figures, so it does not change the company's outlook.
JPMorgan is expanding loans backed by classic and luxury cars in Europe, but the article gives no loan totals or results. It describes a service, not a wider change in the bank's business.
A report says more wealthy Bank of America clients are borrowing against art instead of selling it. The article gives no loan totals or effect on profits, so it does not show a wider change for the bank.
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