Jamie Dimon Warns UK Bank Tax Hikes Could Trigger a New York-Style Finance Exodus: Report
Jamie Dimon warns UK bank tax hikes could cost finance jobs, citing New York’s experience with higher taxes.
The boss of a big bank is worried that if the UK charges banks more taxes, those banks might move their workers to other countries where taxes are lower. When leaders warn about moving jobs, it's a signal to watch whether the country's rules are making business harder or easier.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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