American Express 2012 Annual Report Download - page 58

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AMERICAN EXPRESS COMPANY
2012 FINANCIAL REVIEW
폷the Company’s funding plan for the full year 2013 being
implemented in a manner inconsistent with current
expectations, which will depend on various factors such as
future business growth, the impact of global economic,
political and other events on market capacity, demand for
securities offered by the Company, regulatory changes, ability
to securitize and sell receivables and the performance of
receivables previously sold in securitization transactions; and
폷factors beyond the Company’s control such as fire, power loss,
disruptions in telecommunications, severe weather conditions,
natural disasters, terrorism, cyber attacks or fraud, which
could significantly affect spending on American Express cards,
delinquency rates, loan balances and travel-related spending or
disrupt the Company’s global network systems and ability to
process transactions.
A further description of these uncertainties and other risks can
be found in the Company’s Annual Report on Form 10-K for the
year ended December 31, 2012 and the Company’s other reports
filed with the Securities and Exchange Commission.
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