Ich Bin Ein Frankfurter
Lloyd Blankfein Better Get His Skates On in Frankfurt
German city has pretty attractive housing costs now, but things are changing.
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Frankfurt might not want London's Brexit-fleeing bankers, as my colleagues on Bloomberg Businessweek reported this week. But senior financiers suddenly seem pretty keen on a place that's always been an assignment to avoid.
Lloyd Blankfein's tweet on Thursday about spending "a lot more time there" may have been tongue-in-cheek, as his advisers claimed. But the decision by Goldman Sachs Group Inc. to lease Frankfurt offices, with space for 1,000 staff, is serious enough.