Goldman Sachs to move hundreds of jobs out of London before Brexit deal struck

‘Banking giant Goldman Sachs will relocate hundreds of staff out of London before any Brexit deal is struck as part of its contingency plans for the UK leaving the European Union, the company’s Europe chief executive Richard Gnodde has confirmed.
In an interview with CNBC, Mr Gnodde, chief executive officer of Goldman Sachs International, revealed the bank had begun contingency plans to move people out of the capital just a week before Prime Minister Theresa May will trigger Article 50 on March 29, officially starting the proceedings to leave the EU.
“We are going to start to execute on those contingency plans,” Mr Gnodde told CNBC on Tuesday.’
Read more: Goldman Sachs to move hundreds of jobs out of London before Brexit deal struck