Political Capital

Posts tagged: morgan stanley

A Bank of America Corp. branch in New York.

Photograph by Ron Antonelli/Bloomberg

A Bank of America Corp. branch in New York.

U.S. Firms Amass Subsidiaries in Low-Tax, No-Tax ‘Havens’

The largest U.S.-based companies are making extensive use of subsidiaries in low-tax and no-tax jurisdictions, according to a report released today by Citizens for Tax Justice and the U.S. Public Interest Research Group. The study, which examined the Fortune 500,...

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The Morgan Stanley headquarters in New York.

Photograph by Victor J. Blue/Bloomberg

The Morgan Stanley headquarters in New York.

Wall Street Hedged No Election Bets

With Republicans angry about the financial regulations pushed through by President Barack Obama and congressional Democrats, the securities and investment industry was the only major source of campaign contributions to switch sides in 2012 compared with 2008, giving a record...

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JP Morgan Chase headquarters in New York.

Photograph by Timothy A. Clary/AFP/Getty Images

JP Morgan Chase headquarters in New York.

Bankers Snap Up Swaps as Regulation Looms

The bankers are getting nervous. The talk in Washington about heightened regulation — and what seems like an increasingly real risk that talk may translate into action this time — has investors buying more credit-default swaps on Wall Street banks. In...

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