Goldman Sachs committed Barroso Proposed referendum on United Kingdom membership of the European Union Advisers – tagesschau.de

Ten years was the Portuguese Barroso EU Commission. Now he is to help the investment bank Goldman Sachs with his experience and contacts to deal with the withdrawal from the EU vote of the British.

Goldman Sachs, one of the world’s largest investment banks, has apparently looking for the Proposed referendum on United Kingdom membership of the European Union a pilot for the major European business and found. The investment giant, which has services to corporate and wholesale customers all States on the customer list, now undertook the former long-term head of the EU Commission, the Portuguese Manuel Barroso.

The 60-year-olds to help to the bank with headquarters in New York in advising clients who have come to the challenging and uncertain market environment cope. Barroso, intimate knowledge of the European Union and well networked in the capitals of the world, is to be employed as a consultant and at the same time chairman of the board of the London subsidiary. The Conservatives spent ten years the EU Commission and before that two years Prime Minister of Portugal.

Goldman Sachs building just its European headquarters in London, and was unpleasantly surprised by the Proposed referendum on United Kingdom membership of the European Union recommendation. The Bank currently employs only about 5,000 employees in the London office. That’s 90 percent of all salaried employees in Europe the money home. The local business that could suffer heavily under the Proposed referendum on United Kingdom membership of the European Union, was last around 27 percent to total revenues of large American bank in.

Like other banks Goldman Sachs had hinted after the Proposed referendum on United Kingdom membership of the European Union, the wanting to rethink Europe business new. Currently, the American Bankers hope apparently still on an EU scheme, which could potentially enter into force of 2019. They saw before that investment firms from non-EU countries within the EU must be cross-border activities, as long as they sit in a country whose financial market regulation to comply with applicable EU legislation.