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Hedge funds defend themselves over tax criticism

Ed Miliband

Hedge funds have defended themselves against criticism from Labour party leader Ed Miliband, arguing that they contributed £4bn in British taxes last year and would not benefit from changes in levies on financial trading.



Deutsche Bank - Foyer Bridge

CIB boss may be worth more than Deutsche CEO

Pay for all of Deutsche Bank’s executives will be capped at the same limit this year. But a new disclosure shows corporate and investment bank head Jeff Urwin may be worth more compensation than co-Chief Executive Officer John Cryan.