Subsidy Tracker Individual Entry
North American headquarters for investment bank
The subsidy figure and the jobs and investment projections came from: Ritu Kalra, "Bank's Move May Bring Hundreds of Jobs to State," Hartford Courant, September 15, 2005.
The subsidy award, which was given to encourage the company to relocate from New York, was in the form of state Urban and Industrial Site Reinvestment Tax Credits. The Connecticut Development Authority also provided a sales tax exemption on construction materials, the value of which was not announced. Overlaps with main Subsidy Tracker data: full amount is also listed in a 2007 Urban and Industrial Site Reinvestment Tax Credit entry.