Back to today’s briefing

Story perspectives

- Dimon Warns Higher UK Bank Tax Threatens London HQ - Unions Push Bank Surcharge to 8% on £100 million Profits - Griffin Says $6 Billion Midtown Redevelopment Still Under Review

5/13/2026

47 3 Full Breakdown

Summary

Story summary

JPMorgan CEO Jamie Dimon said higher UK bank taxes could make the firm reconsider its planned London headquarters.
A UK trade-union group urged raising the tax surcharge on banks’ profits above £100 million from 3% to 8%.
Citadel CEO Ken Griffin said the $6 billion Midtown redevelopment at 350 Park Avenue, which could create 6,000 construction jobs and over 15,000 permanent jobs, remains under discussion.

1 of 1

Story summary

JPMorgan CEO Jamie Dimon said higher UK bank taxes could make the firm reconsider its planned London headquarters.
A UK trade-union group urged raising the tax surcharge on banks’ profits above £100 million from 3% to 8%.
Citadel CEO Ken Griffin said the $6 billion Midtown redevelopment at 350 Park Avenue, which could create 6,000 construction jobs and over 15,000 permanent jobs, remains under discussion.