What big bank bosses have said on Brexit

The markets in panic, but bank bosses don't.

'We respect the decision of the British electorate and have been focused on planning for either referendum outcome for many months. Goldman Sachs has a long history of adapting to change, and we will work with relevant authorities as the terms of the exit become clear. Our primary focus, as always, remains serving our clients’ needs'.

Lloyd Blankfein, Chairman and CEO of Goldman Sachs

Reuters reports that Barclays CEO Jes Staley said the outcome of the vote would not affect the bank's new strategy of being a 'transatlantic' bank anchored in the UK and US. 'The strategy we announced on 1 March, 2016 was not conditional on the UK remaining in the EU'.

Douglas Flint, Chairman of HSBC  said Friday marked 'a new era for Britain and British business'.

'The work to establish fresh terms of trade with our European and global partners will be complex and time consuming. We will be working tirelessly in the coming weeks and months to help our customers adjust to and prepare for the new environment'.

Hit the link below to access the complete Reuters article:

Goldman Sachs, Barclays, HSBC downplay Brexit threat

Deutsche Bank to shut 188 German branches and cut 3000 staff


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