Goldman Sachs’s Blankfein Says New York Is a Brexit ‘Gainer’
- CEO says firm has slowed move to concentrate staff in London
- Blankfein also says Trump policies are ‘market-supportive’
Goldman's Blankfein: New York Gaining After Brexit Vote
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein said New York is “already a bit of a gainer” from Brexit as the Wall Street firm slows its previous policy of moving operations to London.
“Operating our business to maximize our global potential -- we were trying to get as much into the U.K. as we could,” Blankfein said in a Bloomberg Television interview Thursday with John Micklethwait at the World Economic Forum in Davos, Switzerland. “We’re slowing down that decision” to avoid having to move businesses twice, he said.