RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: OZschwitz: largest rent-seeking investment bank is not ruling out moving offshore in the wake of the new $6.2 billion bank levy Sun Jun 04, 2017 9:17 pm | |
| Australia's largest investment bank, Macquarie Group, is not ruling out moving offshore in the wake of the imposition of the $6.2 billion bank levy but, as of yet, has made no final decision.
Macquarie, one of the five banks to be hit with the Major Bank Levy has vastly smaller retail operations in Australia than the big four and could more easily relocate it headquarters.
It did not rule out relocating after senior sources told The Australian Financial Review that Macquarie Bank executives had relayed to at least one of the major political parties it was canvassing options for relocating overseas following the announcement of the bank tax in the May budget.
Asked to respond, a Macquarie spokeswoman left open the option.
http://www.afr.com/news/macquarie-bank-ponders-moving-offshore-20170531-gwhqoj |
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CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Re: OZschwitz: largest rent-seeking investment bank is not ruling out moving offshore in the wake of the new $6.2 billion bank levy Sun Jun 04, 2017 9:26 pm | |
| Worthless fucks just gaming the system.
Not an original mind among the whole rotten lot.
Crony capitalists.
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