Big Banks May Escape E.U. Financial Tax

Large banks may escape the financial transaction tax to be imposed by France, Germany and nine other euro zone countries by shifting as much of their assets as possible to the U.K., which has not joined in the levy.

  • 25 Jan 2013

Large banks may escape the financial transaction tax to be imposed by France, Germany and nine other euro zone countries by shifting as much of their assets as possible to the U.K., which has not joined in the levy.

Click here to read the story from Reuters.

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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

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1 Citi 79,222.71 230 11.49%
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