Lloyd Blankfein is the American investment banker best known for leading Goldman Sachs as Chairman and Chief Executive Officer. The New York City-born Harvard Graduate flourished in commodities training before moving to the banking giant, where he quickly rose through the corporate hierarchy.
Blankfein’s handling of the 2007-2008 financial crisis was widely praised by the media and the American public, catapulting him to international prominence. Blankfein was twice named one of the most influential people in the world by Time magazine and won the Financial Times Person of the Year award in 2009.
Goldman Sachs’ CEO was among the first finance moguls to suggest a departure London after Brexit in favour of relocating their offices to either France or Germany.
The US investment bank has also hired people who can transition its contractual agreements with clients from UK law to German law. Banks are particularly worried that the UK will fail to strike an EU trade deal. The banks fear that after Britain leaves the EU their businesses will lose “passporting rights”, which allows them to sell financial services across borders.
He has suggested a second referendum.