Business

Why is Goldman Sachs going short on London?

BY Maggie Pagano   /  3 November 2017

 

For a man who claims to be ‘doing God’s work’, there is something less than divine about Lloyd Blankfein’s cryptic threats that Goldman Sachs may have to rethink its future in London post-Brexit.

Blankfein’s latest missive warning about the uncertainties of the Wall Street firm’s commitment to the City came from the skies again, this time via a Twitter picture. He sent a tweet with an aerial shot of GS’s new £350m European HQ which is currently under construction, and just a stone’s throw away from its present Fleet Street HQ. More appropriately, the new building is closer to St Paul’s Cathedral.

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