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Germany Passes Brexit Law to Make It Easier to Fire Top Bankers
Germany’s upper house approved a law making it easier for lenders such as Deutsche Bank AG and JPMorgan Chase & Co. to fire top earners, adding flexibility for Frankfurt to lure financial companies unsettled by Brexit. Lawmakers in the Bundesrat in Berlin, where the states are represented, voted Friday in favor of loosening German labor standards to allow the change. The government says it’ll apply to a maximum of about 5,000 bankers, categorized as “risk takers,” who earn some 220,000 euros ($249,000) a year or more. Chancellor Angela Merkel’s governing coalition backed the measure, arguing it’s ... (full story)
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- fxsport
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- OnlineAddict
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- fxsport
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...because you never know - until you do!
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- Edited 6:18am Mar 17, 2019 6:06am | Edited 6:18am
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3113 Comments
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
37,656.0%
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- wasntme
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buy the rumor,sell the news