News for hackers. Stuff that matters.

A comment on HSBC CEO Says Bankers Generating 20% of London Revenue May Move. Parent comment

Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by mrec on Wednesday January 18, 2017 @12:05PM (#13427959)
I don't think bank employees would necessarily be averse to Paris (as opposed to, say, Frankfurt which is making similar plays for them), but I'm pretty sure banks as employers wouldn't want to go anywhere near French labour law.
[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by renaudg on Wednesday January 18, 2017 @12:18PM (#13428104)
French labour law is actually not significantly different from UK labour law for that kind of employees.

Plus, Paris already is the first financial centre in the Eurozone.

[ Parent | on HN ]
Re:HSBC CEO Says Bankers Generating 20% of London Revenue Ma... by user5994461 on Wednesday January 18, 2017 @05:00PM (#13430719)
Wait till you see the higher tax bracket in France ;)

Paris is a big no-no for any experienced enough bankers.

[ Parent | on HN ]