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Goldman Sachs boss: European HQ might not have been built in London if we had known about Brexit


Investment bank boss says he “thought there would have been a worse outcome by now”
Goldman Sachs might not have chosen to build its new European headquarters in London if the decision had been made after Brexit, the bank’s boss Lloyd Blankfein said.

The Wall Street giant is currently constructing a new £300m site in the City, which will remain its European base.

But Blankfein said, had Goldman known about Brexit, “we might have made a different decision”.

The comments came as Ana Botín, executive chairwoman of Banco Santander, said London’s growth as a major financial centre is set to stall as Britain leaves the European Union and the United States attempts to lure more firms to Wall Street.

She argued that Brexit has already disrupted the “huge upward trend” in businesses and workers arriving in the City, according to the Times.

Click here for the full Independent article (£)

Click here for the full Times article (£)

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