Type
Business expansion
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Madrid
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.99 - Other financial service activities, except insurance and pension funding n.e.c.

400 jobs
Number of planned job creations
Job creation
Announcement Date
17 November 2021
Employment effect (start)
Foreseen end date

Description

American Express, the multinational credit card and other financial products company, has announced the establishment of its European headquarters in Madrid, from where it will support the markets in which the company operates. This announcement involves the creation of more than 400 jobs in Spain by 2022. These new employees will receive specific training for their new responsibilities: support growth in Europe and perform a range of key functions for the company, including commercial services, customer service, legal compliance, and data control teams.


Sources

Citation

Eurofound (2021), American Express, Business expansion in Spain, factsheet number 105856, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105856.