The good news for asset managers is that they will get an average pay increase this year of 5%. The bad news is that increased spending on technology is reducing the amount of money available to their compensation pools. That’s the conclusion of the annual Asset Management Compensation study jointly published by financial services research firm Greenwich Associates and pay ...

One way or another, Europe is determined to get tech companies to pay their fair share. All that remains is to decide the meaning of “tech company,” “pay,” “fair” and “share.” After months of talks, France and Germany have proposed a plan to tax big digital companies 3 percent of their Europe-based advertising revenue. This is a scaled-back version of ...

If you only scan the headlines, you could be forgiven for thinking that the US-China trade war is mainly about tariffs. After all, the president and trade-warrior-in-chief has called himself “Tariff Man.” And the tentative trade deal between US President Donald Trump and Chinese President Xi Jinping was mainly about tariffs, especially on items like automobiles. But the startling arrest ...