Goldman Sachs’ chief executive has praised the attractions of Frankfurt in a message on Twitter that heaped more pressure on Britain’s prime minister Theresa May as she kicked off key Brexit talks at this week’s European summit.
Lloyd Blankfein wrote: “Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there. #Brexit.”
The message comes only weeks after Goldman signed a lease on a Frankfurt skyscraper that would allow it to quintuple its staff numbers in the German financial capital as it gears up to shift jobs out of the UK ahead of Brexit.
Big banks have been lobbying for the British government to secure a clear commitment from the EU to have a transition period of at least two years to allow companies to adjust after the UK leaves the bloc in April 2019. They warn that without it jobs will start to move out of London early next year.
Mr Blankfein has spent most of this week in Germany, meeting clients and holding a “town hall” meeting with many of the bank’s 200 staff in Frankfurt.
The US investment bank agreed earlier this month to lease the top eight floors of the Marienturm tower, a 38-storey building being built in the heart of Frankfurt’s business district.
The deal will give Goldman 10,000 sq ft of office space in the city with capacity for as many as 1,000 staff, a significant increase from the 200 people it currently employs there, according to a person briefed on the move.