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Bank Tax

Report: Cyprus President Threatened To Resign

Reuters | Posted 03.25.2013 | Business

* Cyprus nearing Monday deadline to seal EU bailout * Faces banking collapse, possible euro zone exit * President said to threaten resignation i...

Ryan Grim

Top Republican's Bank Tax Bill Would Punish Grand Bargain-Backing CEOs

HuffingtonPost.com | Ryan Grim | Posted 01.29.2013 | Politics

WASHINGTON -- House Ways and Means Committee Chairman Dave Camp (R-Mich.) is considering legislation that would significantly increase taxes for the n...

Banks Still Adding Jobs In London, Despite Taxes

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

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...

What Exodus? Financiers Coming Back To London Despite Taxes

CNBC | Posted 05.25.2011 | Business

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

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

Rolfe Winkler | Posted 05.25.2011 | Business

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...

EU Looks To A Bank Tax To Pay For Future Bailouts

AP | AOIFE WHITE | Posted 05.25.2011 | Business

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

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

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

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

Volcker Rule Could Wait Until 2022

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

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

Leonhardt: Financial Reform Needs a Bank Tax

nytimes.com | DAVID LEONHARDT | Posted 05.25.2011 | Business

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...

DK Matai | Posted 05.25.2011 | Business
DK Matai

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

Bank Tax Relieves Taxpayers In Germany, France, UK

AP | MELISSA EDDY | Posted 05.25.2011 | Business

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

Schumer Wants Bank Tax Included in Financial Regs

AP | STEPHEN OHLEMACHER and JIM KUHNHENN | Posted 05.25.2011 | Business

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

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

AP | VERONIKA OLEKSYN | Posted 05.25.2011 | Business

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

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

AP | KELLY OLSEN | Posted 05.25.2011 | Business

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

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

Baseline Scenario | Posted 05.25.2011 | Business

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

The 'Bank Tax' Gains New Popularity With World Leaders

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

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...

Shahien Nasiripour

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

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

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

Another Wall Street Bonus Tax Falters In Congress

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Business

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...

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

Huffington Post | Ryan McCarthy and Grace Kiser | Posted 05.25.2011 | Business

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...

FDIC Shuts Down Four Banks: 20 Banks Closed In 2010

AP | MARCY GORDON | Posted 05.25.2011 | Business

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

Could Bankers Turn the Tables on Obama in 2012?

Charles Gasparino | Posted 05.25.2011 | Politics
Charles Gasparino

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.

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

Times Online | Iain Dey | Posted 05.25.2011 | Business

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...

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

Posted 05.25.2011 | Business

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...

Ryan Grim

Webb Wants Banker Tax As Amendment To Jobs Bill

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

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...

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

AP | Posted 05.25.2011 | Business

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...