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Credit card issuer American Express Co reported an 8.5% rise in second-quarter profit on Friday, boosted by higher customer spending.
Net income rose to $1.76 billion, or $2.07 per share, in the quarter ended June 30, from $1.62 billion, or $1.84 per share, a year earlier, the company said.
Total revenue, excluding interest expense, rose 8.4% to $10.84 billion.
(Reporting by Bharath Manjesh in Bengaluru; Editing by Shinjini Ganguli)