Goldman Sachs to Move 100 Workers From London Ahead of Brexit
- Bank joins JPMorgan in moving staff from U.K. capital
- Pandemic is complicating the firm’s efforts to move people
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Goldman Sachs Group Inc. is asking just over 100 staff to move from London to other European cities in preparation for Brexit.
Goldman Sachs employees who work in areas including sales and trading, deal-making and private wealth management are being asked to sign new contracts and to prepare to relocate in time for Jan. 1, according to a person familiar with the matter who asked not to be identified discussing internal plans. Discussions with staff have intensified in recent weeks. They will move to European Union offices including Paris, Frankfurt, Milan and Madrid, the person said.