BREAKING NEWS
This content is not available in your region

Goldman Sachs's Solomon warns hard Brexit means less investment

Access to the comments Comments
Goldman Sachs's Solomon warns hard Brexit means less investment
FILE PHOTO: David M. Solomon, President and Co-Chief Operating Officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Lucy Nicholson   -   Copyright  Lucy Nicholson(Reuters)
Text size Aa Aa

LONDON (Reuters) – Goldman Sachs will invest less in the United Kingdom if there is a difficult or hard Brexit, Chief Executive Officer David Solomon said.

“Our headcount in the UK over the last couple of years has not gone down but it hasn’t gone up either – we have added head count you know on the continent,” Solomon told the BBC in Davos.

“But I would say that, over time, if this is resolved in a difficult way or a hard way, it’ll have an impact on where we invest and where we put people,” he said.

(Reporting by Guy Faulconbridge; editing by Kate Holton)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.