05-05-2017 09:01 via theguardian.com

Brexit will 'stall' City, says Goldman Sachs chief

Lloyd Blankfein, whose bank employs more than 6,000 in London, says it has ‘contingency plans’ to move staff out of UKThe chief executive of Goldman Sachs has warned that London’s financial centre will “stall” due to the turmoil of the Brexit process.Lloyd Blankfein, who runs the world’s second-largest investment bank, said a three-decade expansion that has turned London’s financial services sector into a world leader could grind to a halt.Continue readi
Read more »