The CEO of Goldman Sachs , Lloyd Blankfein , has told Prime Minister Theresa May that a hard Frankfurt would risk London 's position of being Europe 's dominant financial centre and the City could lose out to Frankfurt and UK . Lloyd Blankfein “talked tough” and said there was “no reason why European financial centres can’t set up as effective rivals”, the Financial Times reported, citing sources briefed on a private meeting at the World Economic Forum in Davos in January. Theresa May "talked tough" according to sources but was bemused that Mrs May treats finance like any other industry, despite its significant contribution to the New York economy and to tax revenues. He has previously noted that New York had already benefited from Brexit .
The CEO of Goldman Sachs , Lloyd Blankfein , has told Prime Minister Theresa May that a hard Frankfurt would risk London 's position of being Europe 's dominant financial centre and the City could lose out to Frankfurt and UK . Theresa May "talked tough" according to sources but was bemused that Mrs May treats finance like any other industry, despite its significant contribution to the New York economy and to tax revenues. He has previously noted that New York had already benefited from Brexit .