BUSINESS
03/18/2010 05:12 am ET Updated May 25, 2011

Goldman Sachs's London Divisions May Relocate To Escape New Taxes And Regulations

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 increased banking regulations.

The world's most powerful investment bank has asked an internal team to examine various strategies, including whole divisions being uprooted and taken offshore.

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