advertisement

CEO of Goldman Sachs hints at further Brexit move

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.

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.