LONDON (AP) — The CEO of Goldman Sachs has hinted the banking giant could be sending more jobs from London to Frankfurt following Britain’s exit from the European. Lloyd Blankfein tweeted on Thursday that Germany’s financial hub may be gaining
LONDON (AP) — The CEO of Goldman Sachs has hinted the banking giant could be sending more jobs from London to Frankfurt following Britain’s exit from the European.
Lloyd Blankfein tweeted on Thursday that Germany’s financial hub may be gaining more of his attention. He wrote, “Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there. #Brexit.”
Goldman Sachs employs around 5,500 people in London and has said its 200-strong employee base in Frankfurt could double as part of its Brexit contingency plans.
Many international banks with EU headquarters in London are considering moving some operations elsewhere in the EU amid the pending divorce from the 28-nation EU. They want to safeguard the right to keep working in all EU countries.
