Banks Still Adding Jobs In London, Despite Taxes
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...
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...
CNBC | Posted 05.25.2011
Speculation has swirled in recent months about a looming exodus from the City to less regulated business districts in Switzerland and Asia, particular...
Telegraph | Amy Wilson | Posted 05.25.2011
The Labour politician said the tax was likely to be a "one-off" and won't be reinstated by the Coalition, because it had failed to change behaviour in...
Amy Traub | Posted 05.25.2011
Apparently helping New York retain its most critical public services is not among the "easy-to-reference issues" political donors should consider "when political candidates are calling for contributions."
Ben Protess | Posted 05.25.2011
Remember that Wall Street bonus tax that a couple Senate Democrats unsuccessfully floated this month? It's not dead yet. As we recently reported, the...
Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011
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...
Reuters | Posted 05.25.2011
LONDON (Reuters) - Bankers in London have received average bonus increases of 40 percent this year and most have also received a jump in base salary, ...
newsweek.com | Daniel Gross | Posted 05.25.2011
But if the banks want us out of their business, they should get out of our business first. We've (barely) lived through a 40-year period in which inve...
Robert Teitelman | Posted 05.25.2011
Every once in a while something occurs that suggests you're just talking to yourself. Last week I spoke briefly to radio's Marketplace about a short p...
Posted 05.25.2011
Tullett Prebon, a London-based inter-dealer broker described as one of the City's biggest trading firms, will help employees relocate to avoid the Uni...
bloomberg.com | Elizabeth Hester | Posted 05.25.2011
Dec. 28 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told U.K. Chancellor of the Exchequer Alistair Darling that his 50 per...
bloomberg.com | Aaron Kirchfeld | Posted 05.25.2011
Dec. 18 (Bloomberg) -- Deutsche Bank AG, Germany's biggest bank, plans to spread the costs of the U.K. bonus tax to all employees worldwide, risking a...
Telegraph | Helia Ebrahimi, Senior City Correspondent | Posted 05.25.2011
The bank is understood to be considering its options in the wake of the UK's windfall tax on bankers' bonuses, a new 50pc top income tax rate, and inc...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
Treasury Secretary Timothy Geithner refused to endorse a congressional effort to heavily tax bonuses issued by TARP recipients, saying that the govern...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
Jared Bernstein, chief economic adviser to the vice president, offered on Sunday the strongest White House pushback yet to the bonus tax bill passed b...
Wall Street Journal | JOE BEL BRUNO and MATTHIAS RIEKER | Posted 05.25.2011
The chief executives of the nation's three largest banks on Friday pushed back against legislation that would heavily tax Wall Street bonuses. Citigr...
NY Times | LOUISE STORY | Posted 05.25.2011
Merrill Lynch's $3.6 billion bonus pool has been among the most controversial payouts on Wall Street. But most of those bonuses, which included some 7...
Washington Post | Shailagh Murray, Paul Kane and David Cho | Posted 05.25.2011
Congress moved yesterday to levy punitive taxes on bonuses paid by financial firms receiving government aid, threatening to undermine federal efforts ...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
The debate over what the White House and Congress should do about AIG's bonuses has turned...anatomical. Appearing on the floor of the House of Repr...
Arianna Huffington | Posted 05.25.2011
The mystery over who killed a provision in the stimulus package that would have curtailed bonuses at bailed out companies is a disturbing D.C. whodunit. But even more disturbing is what it reveals about how our government is run.
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
The question of who killed a provision that could have reined in lavish bonuses issued by bailout recipients remains a mystery, with key players eithe...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
The House overwhelmingly passed legislation on Thursday to tax bonuses paid out by AIG and other bailed-out firms at a rate of 90 percent. "We want ou...
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
Additional reporting by Arthur Delaney Senator Ron Wyden said on Tuesday that the furor surrounding AIG's bonus payments could have been avoided had...
Bloomberg | Simon Clark, Ambereen Choudhury and Gavin Finch | Posted 05.25.2011