Goldman Sachs (GS.N) Chief Executive Lloyd Blankfein said the bank would have hubs in Frankfurt and Paris after Brexit and that it would be up to the staff to decide where they want to move to from London, he told French newspaper Le Figaro.
Blankfein has visited Frankfurt and Paris over the past few weeks as the Wall Street bank pushes ahead with its plans to cope with Britain’s exit from the EU.
“We will have more employees on the continent. Some, if they want to, would come from London, we will hire others,” Blankfein was quoted as saying by Le Figaro, without giving any numbers.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.