WPP, the world’s biggest advertising group, has already committed to moving its company headquarters back to London from Dublin, and a slew of others are expected to follow suit.
Critics including Thomas Hoenig, a Federal Deposit Insurance Corp. board member, say the biggest firms are too complicated to manage.
The court ruled against a scheme promoted by PricewaterhouseCoopers, the accountancy firm, used by a businessman in a bid to avoid about £11m in tax.
Dubbed the “King of Tokyo” by traders, the 53-year-old American seemed to have it all: wealth, professional acclaim and status as a patron of contemporary art.
Calls to Zrihen, who joined Lombard Odier in December 2010 as a member of the fixed income portfolio management team, were not picked up.
Richard Heis, the joint special administrator of MF Global UK, said: '[The] court hearing represents an important milestone in returning some £54 million of agreed client assets.'
Observers, however, are beginning to see some consistency regarding the implementation of new regulations across the globe, with the U.S. and Europe setting the bar and Asia catching up.
Kristin Lemkau, a JPMorgan spokeswoman, said that Goldman asked to leave the company and that during his tenure he "behaved with integrity and we wish him well."
The Securities and Futures Commission said it had raised concerns that in more than 3,000 transactions, Societe Generale's clients had paid or received a different price for over-the-counter traded products than the price paid by the bank, with the d
Andrew Bailey, head of the Prudential Business Unit at the Financial Services Authority (FSA), added that Mr Diamond's account of his and the bank's relationship with regulators was "highly selective".