
Goldman Sachs has announced that it will begin moving hundreds of staff from London to Frankfurt and Paris prior to the UK’s exit from the EU as part of a contingency plan. Richard Gnodde, chief executive of Goldman Sachs International, said of the changes:
“Over the next 18 months or so we are going to upgrade those facilities, we’ll be taking extra space in a number of them and be increasing our headcount and infrastructure around those facilities.”
Source: Goldman Sachs to move hundreds of staff out of London due to Brexit | Business | The Guardian