JP Morgan Boss Issues Bank Tax Warning to John Healey
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8 Articles
JP Morgan boss issues bank tax warning to John Healey
The boss of JP Morgan has issued a bank tax warning to John Healey as the Chancellor gears up to deliver his first Budget in October. Jamie Dimon, who has led Wall Street’s biggest bank since 2006, held a call with Healey on Thursday where the bank chief emphasised “getting public policy right” as crucial to solving economic problems, City AM understands. The conversation was at the request of Chancellor’s team, a person close to the conversatio…
Jamie Dimon, head of JPMorgan, warned the British government of tax increases for banks, which could cost jobs and drive capital out of the country.
Dimon Warns UK's Healey Against Raising Taxes on Banks, FT Says
JPMorgan Chase CEO Jamie Dimon has warned British Chancellor of the Exchequer John Healey not to create a tax environment that is less favourable for banks. The call from one of Wall Street's most influential executives is the start of a wider lobbying campaign by the financial sector ahead of the October budget, the Financial Times reported.
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