Bank Tax

Banks Still Adding Jobs In London, Despite Taxes

Bloomberg | Simon Clark, Ambereen Choudhury and Gavin Finch | Posted 05.25.2011

Read More: UK Bank Tax, Investment Banks, Rbs, Goldman Sachs, Bonus Tax, London Banks, London Taxes, Bank Tax, Business News

Investment banks in Europe's financial capital are adding jobs, helping to bolster headcounts at law and accounting firms across London, as the rest o...

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What Exodus? Financiers Coming Back To London Despite Taxes

CNBC | Posted 05.25.2011

Read More: London Banking, UK Financial Sector, Windfall Tax, Bank Tax, Hedge Funds, London Trading, London Financial Sector, Bonus Tax, Business News

Speculation has swirled in recent months about a looming exodus from the City to less regulated business districts in Switzerland and Asia, particular...

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Warren Buffet's Lobbied Against His Own Advice On Derivatives: Rolfe Winkler

Rolfe Winkler | Posted 05.25.2011

Read More: Berkshire Hathaway, Goldman Sachs, Warren Buffett Derivatives, Lobbying, Rolfe Winkler, Warren Buffett, Derivatives, Bank Tax, Tarp, Business News

In the must-read letter obtained by Forbes, Buffett waxes philosophic on the dangers of derivatives. It's spot on correct. The kind of sensible advic...

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EU Looks To A Bank Tax To Pay For Future Bailouts

AP | AOIFE WHITE | Posted 05.25.2011

Read More: Bank Levy, Bank Tax, Economy, Bailouts, European Union, Eu, Michael-Barnier, Financial Regulation, Business News

BRUSSELS — Banks should pay a levy to help prevent future bailouts and shield taxpayers from the burden of multibillion euro (dollar) rescues, t...

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Scott Brown STILL Won't Say If He'll Vote For Financial Reform Bill

AP | JIM KUHNHENN | Posted 05.25.2011

Read More: The Financial Fix, State Street Corp., Bank Tax, Bank Reform, Financial Reform, Wall Street Reform, Harry Reid, Scott Brow, Dodd-Frank Bill, Business News

WASHINGTON — Nearly two years after a Wall Street meltdown left the economy reeling, the House on Wednesday passed a massive overhaul of financi...

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Volcker Rule Could Wait Until 2022

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Scott Brown, The Financial Fix, Proprietary Trading, Bank Levy, Bank Tax, Financial Reform, Too Big to Fail, Banks, Volcker Rule, Business News

With supporters and opponents of the much-debated financial reform bill emphasizing the urgency of the moment, one crucial component of the legislatio...

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Leonhardt: Financial Reform Needs a Bank Tax

nytimes.com | DAVID LEONHARDT | Posted 05.25.2011

Read More: Tarp, Herbert Hoover, Bank Tax, Lehman Brothers, International Monetary Fund, Financial Reform, Aig, Timothy Geithner, Business News

The financial regulation bill before the Senate has the potential to do a lot of good. But it also has at least one major flaw: it would not do enough...

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DK Matai | Posted 05.25.2011

Read More: Australia, Canada, China, Argentina, Business News, Brazil, Barack Obama, Debt, Bank Reform, Bank Tax, Central Bank, Banking Crisis, Age of Austerity, Beijing, Big Oil, Budget Deficit, Bp, UK, Toronto, Russia, India, Yuan, Turkey, G20 Summit, France, Green, Italy, G-20, London, World News, South Africa, G-20 Summit, Indonesia, Deleverage, Bailout, Germany, Saudi Arabia, Washington, Vandalism, Korea, Financial Crisis, US, World, Cameron, Financial Reform, Mexico, Protectionism, Green Living, Eu, Gulf Oil Spill, Stimulus, Tweets, Euro, Financial Regulation, World Trade, g20, Environment, Japan, Pittsburgh, Business News

Editor's Note: This post has been removed from the Huffington Post....

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Bank Tax Relieves Taxpayers In Germany, France, UK

AP | MELISSA EDDY | Posted 05.25.2011

Read More: European Debt Crisis, G20 Summit, Bank Levy, Bank Tax, British Bankers' Association, Angela Merkel, European Union, Nicholas Sarkozy, Bailout, George Osborne, Bailouts, Obama Bank Tax, Business News

BERLIN — Britain, France and Germany on Tuesday committed to levying a fee on banks to shield taxpayers from the cost of resolving financial cri...

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Schumer Wants Bank Tax Included in Financial Regs

AP | STEPHEN OHLEMACHER and JIM KUHNHENN | Posted 05.25.2011

Read More: Chuck Schumer, Financial Regulatory Reform, Senate, Wall Street Bailout, Bank Tax, Barack Obama, The Financial Fix, Business News

WASHINGTON — A new tax on large banks is picking up support in Congress as Democrats target financial institutions that benefited from the Wall ...

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Financial Reform Could Hurt Growth, Cost MIllions Of Jobs, Banks Warn

AP | VERONIKA OLEKSYN | Posted 05.25.2011

Read More: The Financial Fix, Transaction Tax, Bank Tax, Financial Reform, European Banking Federation, Institute of Internationl Finance, Banks, Basel III, Eu, Business News

VIENNA — Regulatory reforms for banks are generally moving in the right direction but could negatively impact growth and job creation, members o...

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G-20 Meetings: World Officials Looks To Broker A Deal On Financial Reforms

AP | KELLY OLSEN | Posted 05.25.2011

Read More: European Debt Crisis, Basel, Bank Tax, Tim Geithner, G20 Meetings Canada, Financial Reform, Capital Requirements, g20, Financial Regulation, G-20, Business News

BUSAN, South Korea — Finance officials from leading advanced and emerging countries began three days of talks Thursday on reshaping the global e...

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Simon Johnson: The Consensus On Big Banks Shifts Around The World, But Not At Treasury

Baseline Scenario | Posted 05.25.2011

Read More: Treasury Department, Timothy Geithner, European Commission, Bank Tax, Bank Reform, European Union, Financial Crisis, Obama Administration, Business News

Attitudes towards big banks are changing around the world and across the political spectrum. ... Yet top Obama administration officials refuse to chan...

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The 'Bank Tax' Gains New Popularity With World Leaders

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: The Financial Fix, Bank Tax, Germany, Banks, Imf, Obama, Sweeden, g20, Business News

What a difference a few months make. After months of deliberation, world leaders are inching toward a consensus on imposing some form of a tax on larg...

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Fed's Kocherlakota: Financial Reform Bill Can't End Bailouts Or 'Too Big To Fail'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Wall Street Bailout, The Financial Fix, Minneapolis Fed, Bailouts, Wall Street Reform, Financial Reform, Megabanks, Tbtf, Bank Tax, Financial Crisis, Bank Bailout, Too Big to Fail, Narayana-Kocherlakota, Business News

Despite declarations from President Obama, his top aides and Democratic leadership that the pending financial reform bill in the Senate will forever e...

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Another Wall Street Bonus Tax Falters In Congress

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011

Read More: Barbara Boxer, Wall Street, Bank Tax, Financial Reform, Wall Street Bonus Tax, Main Street, Bonus Tax, Jim Webb, Wall Street Bonuses, Business News

Few topics have generated as much political heat between Main Street and Wall Street as the billions of dollars in bonuses handed out at financial com...

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Obama's Bank Fee Could End Up Costing Customers, Warns CBO

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011

Read More: Congressional Budget Office, Chuck Grassley, Bank Tax, Cbo, Obama's Bank Fee, Business News

For those concerned about restricted credit and a decrease in lending, don't expect Obama's proposed tax on America's biggest banks to help. In a let...

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FDIC Shuts Down Four Banks: 20 Banks Closed In 2010

AP | MARCY GORDON | Posted 05.25.2011

Read More: Texas, Fdic, Bank Failures, California, Failed Banks, Bank Tax, Banks, Financial Crisis, Georgia, Florida, Sheila Bair, Business News

WASHINGTON — Regulators shut four banks from California to Florida on Friday, boosting to 20 the number of U.S. bank failures this year followin...

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Could Bankers Turn the Tables on Obama in 2012?

Charles Gasparino | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, JP Morgan, Obama Wall Street, Wall Street, Bank Tax, 2012 Election, Political Contributions, Campaign Contributions, Bankers, Jamie Dimon, Paul Volcker, Barack Obama, Politics News

For all the talk about Obama's grassroots fundraising prowess, it may have been Wall Street funds that gave him the edge in 2008. There are now signs that those funds may not be there for him in 2012.

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Hank Paulson Blasts Volcker Rule, Says It Won't Solve The Problem

Times Online | Iain Dey | Posted 05.25.2011

Read More: Paul Volcker Banks, Hank Paulson, Volcker Rule, Bank Tax, Bank Reform, Financial Reform, Business News

in an interview with The Sunday Times, Paulson said that the plans to stop banks from betting their own capital on the financial markets would "not so...

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'Robin Hood Tax' Campaign's Hilarious New Ad With Bill Nighy (VIDEO)

Posted 05.25.2011

Read More: Robin Hood Tax, Bill Nighy, Poverty, Bank Tax, Economy, Climate Change, Speculative Trading, Recession, Video, Business News

A coalition of British organizations calling itself the Robin Hood Tax campaign is proposing a new tax on banks to fund global anti-poverty and anti-c...

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Webb Wants Banker Tax As Amendment To Jobs Bill

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Obama Bank Tax, Jobs Bill, Bank Tax, Webb Bank Tax, Jim Webb, Bank Tax Jobs Bill, Bank Bonuses, Politics News

Sen. Jim Webb (D-Va.), who rarely gets into battles he thinks he can't win, said on Friday that he'll push to include a windfall bonus tax as an amend...

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Global Bank Tax Gains Momentum: Support Growing, Says UK's Gordon Brown

AP | Posted 05.25.2011

Read More: Tarp, UK, Bailouts, City Bankers, Obama, London, g20, Gordon Brown, White House, Global Bank Tax, Bailout, Bank Tax, Financial Crisis, Bonuses, Wall Street, Business News

LONDON — Leaders from the world's top economies are close to agreeing on a global bank tax and a deal could be reached at a meeting of the Group...

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Wall Street Democrats vs. the People

Jonathan Tasini | Posted 05.25.2011

Read More: Greed, JP Morgan, Financial Transactions Tax, Jonathan Tasini for U.S. Senate, Bob Herbert, Financial Crisis, Political Corruption, Kirsten Gillibrand Senate Seat, Bank Tax, Barack Obama, Dean Baker, Campaign Finance, Politics News

We don't have to wait to undo the Supreme Court decision with legislation. We, Democrats, can say now, we won't accept corporate PAC money, we won't accept the corrupting money that hurts the American people.

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Bankers Support Global Bank Tax: Barclays, Deutsche Bank Execs Back 'Too-Big-To-Fail' Insurance Fund

Financial Times | Posted 05.25.2011

Read More: Davos, Financial Reform, Global Levy, Obama, Global Tax, g20, World Economic Forum, Barclays, White House, Bob Diamond, Insurance, Bank Tax, Deutsche Bank, Josef Ackermann, Banks, Wall Street, Too Big to Fail, Resolution Fund, Business News

Some of the world's most prominent bankers have come out in favour of a global bank wind-down fund, a concession from the industry after weeks of figh...

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