Goldman Sachs, Morgan Stanley Said to Examine Frankfurt Offices
- Goldman said to weigh SEB’s Skylight building among options
- U.S. bank said to move as many as 1,000 jobs to Frankfurt
Skyscrapers stand illuminated on the city skyline at dusk in Frankfurt, Germany, on Wednesday, Jan. 27, 2016. German domestic demand, buoyed by a stable labor market and low oil prices, will propel the country's economic growth this year and compensate for slowing exports as emerging economies stumbles.
Photographer: Krisztian Bocsi/BloombergGoldman Sachs Group Inc. is scouting for office space in Frankfurt that could serve as its new trading hub inside the European Union after Brexit, according to people with knowledge of the matter.
The bank is considering options including leasing space in the Richard Rogers designed Skylight building in the city center, the people said, who declined to be identified because the plans are not public. Skandinaviska Enskilda Banken AB, which occupies the building, is looking to cut jobs in Frankfurt, Johan Andersson, the bank’s Germany chief, told Borsen-Zeitung earlier this year.