Companies in the 1980s fled New York City for Stamford in search of lower taxes and to be closer to the executives’ families and as a result, Stamford is the home of
several Fortune 500 companies, including Thomson Corporation, World Wrestling Entertainment, Time Warner Cable, and UBS. In 2006, the Royal Bank of Scotland announced it would concentrate its North American headquarters into Stamford and build the largest trading floor in North America, a record currently held by the
UBS building in Stamford. The high-rollers are not the only high earners in the city: the police captain is reportedly the highest-earner in city government several years in a row, netting over
$276,000 in 2008.