Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
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Maybe not a knockout blow to London, but certainly a stiff jab.
The CEO and chairman of Goldman Sachs, Lloyd Blankfein, took to Twitter Thursday to offer fulsome praise of the German city of Frankfurt as a great place to do business.
In the tweet, Blankfein said: "Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I'll be spending a lot more time there."
Just in case anyone missed the point, Blankfein ended the tweet with "#Brexit".
Germany's Frankfurt and Paris, France, have both pushed themselves hard as a replacement location for London-based firms in the financial industry worried about the effect of Britain leaving the European Union.
In June, Goldman Sachs said it would "very probably" at least double its headcount in Frankfurt, where it currently employs 200 people.