Lloyd Blankfein says cities would be main hubs for handling business no longer possible in London, with American staff ‘probably preferring Paris’
Goldman Sachs has stepped back from identifying a single European city as its post-Brexit EU home and has instead chosen to split its business between Frankfurt and Paris.
Lloyd Blankfein, Goldman’s chief executive, said the German and French cities would be the main centres from which the US investment bank would handle business that can no longer be conducted in London after March 2019.
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