Mounting concerns over Britain's exit from the European Union are leading Goldman Sachs to consider moving half its London workforce to Europe, according to reports by Germany's Handelsblatt newspaper. In total, the finance firm could relocate Roughly a third employees to the continent. some 3,000 of those selected to move would be placed in Frankfurt. Job roles to be shifted to the German finance centre include traders, as well as mangers responsible for regulation and compliance. Investment bankers who advise French and Spanish clients would move to those countries, while back-office administrators would go to Poland.
Mounting concerns over Britain's exit from the European Union are leading Goldman Sachs to consider moving half its London workforce to Europe, according to reports by Germany's Handelsblatt newspaper. In total, the finance firm could relocate some 3,000 employees to the continent. Roughly a third of those selected to move would be placed in Frankfurt. Job roles to be shifted to the German finance centre include traders, as well as mangers responsible for regulation and compliance. Investment bankers who advise French and Spanish clients would move to those countries, while back-office administrators would go to Poland.