A Second Brexit Vote Suggested By Goldman Sachs Chief Lloyd Blankfein

Another referendum for Brexit needs to be held by England, believes the chief executive of Goldman Sachs, Lloyd Blankfein.

Mr Blankfein tweeted: “Here in UK, lots of hand-wringing from CEOs over #Brexit… So much at stake, why not make sure consensus still there?”

There are about 6,000 employees of the frim in London and it is widely believed that it has taken up some office space in Frankfurt.

Worries that the efforts of the U.K. to forge a trade deal with the EU is troubling the banks.

Loss of “passporting rights” that would allow banks to offer and sell financial services across borders after Britain leaves the EU, is something that the UK would not be able to achieve from the EU, fears the banks.

Mr Blankfein’s tweet went on to say: “Better sense of the tough and risky road ahead. Reluctant to say, but many wish for a confirming vote on a decision so monumental and irreversible.

“Here in UK, lots of hand-wringing from CEOs over #Brexit. Better sense of the tough and risky road ahead. Reluctant to say, but many wish for a confirming vote on a decision so monumental and irreversible. So much at stake, why not make sure consensus still there?”

It may be noted there has barely been any earlier use of Mr Blankfein’s twitter account.

It has only been since June, when he first sent a Tweet, that he has shared his thoughts in this manner with just 26 times, even though he had signed up for the microblogging service in 2011.

He has attracted 69,000 followers nevertheless.

And also related to Brexit was the most noticeable tweet that he sent earlier last month which read: “Just left Frankfurt. Great meetings, great weather, really enjoyed it. Good, because I’ll be spending a lot more time there. #Brexit”.

That tweet was viewed as a hit that after the completion of Brexit, one of the major base for the Wall Street giant would become Frankfurt.

Office space was leased by the Wall Street bank in Frankfurt that would allow it to accommodate space for up to 1,000 staff, the bank had announced last month.

That announcement was viewed as the Wall Street bank’s efforts at bolstering activities including trading, investment banking and asset management` because the number of employees mentioned in that announcement was five times of the current staff of 200.

Expansion of its operations in Paris is also something that that the bank is believed to be looking at.

Mr Blankfein was in London attending a client event.

There was nothing more that the bank could add to what Mr Blankfein’s had commented, said a spokesman for Goldman Sachs.

(Adapted from BBC)

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