Posts tagged with ‘london’

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What is the best place to be a banker?

January 17, 2010

The U.K. government’s decision to raise the top rate of income tax will leave residents earning more than 1 million pounds ($1.6 million) a year worse off than they would be in any of the world’s other major financial centers. “People feel let down,” Nick Bacon, a London-based financial services tax partner at accounting firm […]

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London Mayor: Hedge Fund might leave London for Singapore

July 9, 2009

I know, it sounds like a tabloid headline but basicaly not too far from the truth Mayor warns EU not to strangle world’s premier financial centre The Mayor of London, Boris Johnson, today called on the Government to help him resist the EU Commission’s dangerous plans to regulate financial services. He fears that the plans […]

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Hedge funds leaving the EU?

June 22, 2009

The Sunday Times reported that a group of London’s largest hedge funds, which between them manage £120 billion of assets, led by industry body the Alternative Investment Management Association (Aima), will this week meet to discuss the EU’s draft directive aimed at curbing the activities of hedge funds and private equity.