Monday 20 August 2012

London Calling For Tax-Soaked French Bankers

(Full story)

You can also see my interview with euronews below, entitled "French bankers ready to bolt?"




(Reuters) - The City of London financial district, though diminished by scandals and job cuts, is proving irresistible to fed-up Parisian bankers fleeing France's rising taxes and the feeling that they're not best loved at home.

French financial groups big and small, from advisory firms and private equity houses to big banks like Societe Generale (SOGN.PA), are looking at London as a possible shelter from a new 75 percent tax rate on top French earners, bankers say.


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