2 Daily Digital News | Frankfurt has emerged as the biggest beneficiary of Brexit so far as London-based financial firms increasingly opt to relocate staff to Germany's financial centre. | Morgan Stanley | Goldman Sachs | United Kingdom | Financial Services | 20 Jan 2020

GOLDMAN SACHS BOSS HAILS FRANKFURT AMID BREXIT SHIFT

FRANKFURT HAS EMERGED AS THE BIGGEST BENEFICIARY OF BREXIT SO FAR AS LONDON-BASED FINANCIAL FIRMS INCREASINGLY OPT TO RELOCATE STAFF TO GERMANY'S FINANCIAL CENTRE.

GOLDMAN SACHS BOSS HAILS FRANKFURT AMID BREXIT SHIFT

"But let's be clear, London is and will remain the world's leading financial centre.
Frankfurt has emerged as the biggest beneficiary of Brexit so far as London-based financial firms increasingly opt to relocate staff to Germany's financial centre.
JP Morgan is taking a similar approach to Goldman Sachs by planning to spread staff across a number of European cities, including Frankfurt.

He said: “Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there.” Goldman Sachs, which employs around 6,500 people in the UK, has previously...

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