Stuart Gulliver, outgoing chief executive of HSBC, and Lloyd Blankfein, chief executive of Goldman Sachs, struck separate upbeat notes yesterday about London’s prospects after Brexit, but emphasised that decisions needed to be made quickly about Britain’s trading relationship with the EU once it has left the bloc.
Mr Gulliver said that the government ought to thrash out those details to safeguard foreign investment in the UK. HSBC’s international clients were “really keen” to hear specific plans, he said as he reiterated that the bank may move 1,000 jobs to Paris in the event of a “hard” Brexit.
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