Amex CFO: JV Would Ease TMC's Struggle For Internal Investment, Boost Performance

American Express CFO Jeff Campbell made clear that the Global Business Travel division would continue to be a key part of the company should a proposed joint venture take effect in the second quarter of 2014 and said that teaming with private-equity firm Certares would provide an influx of capital that would help the TMC business "do a better job than frankly it's been able to do in the past few years at growth and investing in technology."