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UK Bonus Tax

U.K. Official: Tax On Bankers Bonuses FAILED

Telegraph | Amy Wilson | Posted 05.25.2011 | Business

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...

London Banker Bonuses, Salaries surge

Reuters | Posted 05.25.2011 | Business

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, ...

Philip Stephens: In Absence Of 'Robust Competition,' Investment Banks 'Have Been Operating Natural Oligopolies'

ft.com | Philip Stephens | Posted 05.25.2011 | Business

During the good times no one worried too much about these oligopolies. Markets were booming and the investment banks persuaded policymakers that they ...

Britain Unveils Whopping Tax On Bank Bonuses; U.S. Windfall Tax Proposal Going Nowhere

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

British bankers are going bonkers today after the UK government announced that it wouldn't stand idly by as they showered themselves with obscene bonu...

Deutsche Bank: U.K. Bonus Tax To Be Plans to Spread Costs of Globally

bloomberg.com | Aaron Kirchfeld | Posted 05.25.2011 | Business

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...

Goldman Sachs' London teams could quit the City over taxes and regulations

Telegraph | Helia Ebrahimi, Senior City Correspondent | Posted 05.25.2011 | Business

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...

Jamie Dimon Reportedly Entreated British Politician To Reconsider U.K. Bonus Tax

bloomberg.com | Elizabeth Hester | Posted 05.25.2011 | Business

Dec. 28 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon told U.K. Chancellor of the Exchequer Alistair Darling that his 50 per...

U.K. Bonus Tax Didn't Deter Banks From Paying Bonuses: Report

nytimes.com | Posted 05.25.2011 | Business

As a deterrent, the measure to tax bonus payments of more than �25,000 at a one-off rate of 50 percent has failed, as many banks decided to pay the ...