Wall Street bank leases eight floors of new 37-storey block in German financial capital with space for 1,000 staffGoldman Sachs has begun to make plans for Brexit by leasing space in a new Frankfurt tower block that could hold up to 1,000 staff. It currently has just 200 staff in Frankfurt. “This expanded office space will allow us to grow our operations in Germany to continue serving our clients, as well as provide us with the space to execute on our Brexit contingency plan as needed,” Goldman Sachs said. He has already asked 400 financial firms which operate in the UK for their Brexit plans and is monitoring their responses. The bank has the option to take all the floors or sublet space.

Source: The Guardian October 05, 2017 18:27 UTC