Subsidy Tracker Individual Entry
North American headquarters for investment bank
The subsidy value and breakdown as well as the jobs projection came from: Kenneth R. Gosselin, "Incentives Attract Swiss Bank to State," Hartford Courant, September 22, 1994.
The package, which Swiss Bank Corp. received to relocate from Manhattan to Stamford, included: $120 million in state corporate income tax credits over 10 years with the possibility of a five-year extension worth another $25 million; and free land worth $5 million provided by the city of Stamford. The package also included a $15 million break on electricity bills from Northeast Utilities which is not included in the subsidy totals listed here. Overlaps with main Subsidy Tracker data: none.