Robert Savage (executive)

Savage (January 5, 1934 – November 4, 2023) was a president and chief executive of American Express Bank, becoming chairman in 1991.

[1][2] He joined American Express in 1965 from Barclays Bank, where he was deputy chief trader of foreign currency.

During the Edmond Safra affair of the 1980s, he was part of a management group led by Bob Smith which was close to buying the Trade Development Bank and American Express Bank for $600 million.

Confidence was so high even a press release was being written up in anticipation of an announcement until then Chairman Jim Robinson inexplicably changed his mind.

Savage died at his home on Hilton Head Island, South Carolina on November 4, 2023.