New York is expected to replace London as the city with the most financial services employees this year, according to research from by the Centre for Economics and Business Research (CEBR) in the U.K., which predicts Hong Kong could surpass London by 2015, CNBC reports.
Administration eyes the estimated $2.6T in offshore money.
Appalling idea would target profit-shifting to tax havens.
Prospect of slowdown or halt in Chinese purchases of U.S. government debt gives bond market the jitters.
Sponsored by OANDA
Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.
Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.