Dimon warns UK’s Healey against raising taxes on banks, FT says
Dimon said higher taxes often drive away jobs, citing a decline in finance jobs in New York that he blamed in part on the city’s tax burden.
Dimon said higher taxes often drive away jobs, citing a decline in finance jobs in New York that he blamed in part on the city’s tax burden.
BELLINGS Intelligence Score: 25
Why it matters
Jamie Dimon's public warning to the UK Chancellor about raising bank taxes signals notable market activity with potential implications for financial sector policy and investor sentiment, but it is not a direct regulatory or systemic event.
Sources
Fortune
Dimon warns UK’s Healey against raising taxes on banks, FT says
Dimon said higher taxes often drive away jobs, citing a decline in finance jobs in New York that he blamed in part on the city’s tax burden.