Lloyd Blankfein, CEO of finance company Goldman Sachs, tweeted his support for a second Brexit referendum. The billionaire stated such a decision requires a definitive vote, calling the move to exit the European Union „monumental and irreversible”.
Blankfein wrote a 264 characters tweet on Thursday calling for the British government to hold another referendum.
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?
— Lloyd Blankfein (@lloydblankfein) November 16, 2017
Many British officials responded to his tweet calling out the billionaire’s attempts of squeezing a profit out of their country. One senior MP, Jacob Reesmog, said it is „unwise for an American banker to lecture the country’s public.”
The British government said there will be no second Brexit referendum even though the Liberal Democrat party is still pushing for a new potential vote. This isn’t the first time Blankfein took to Twitter to express his opinions regarding Brexit.
Over the past few months, the billionaire detailed the bank’s post-Brexit plans for Europe in three tweets. In those tweets, Blankfein took shots at Britain’s decision by praising London’s rivals, Frankfurt and Paris.
International finance firms like Goldman Sachs have long benefitted from European Union regulations which allowed them to establish head offices in London all the while being able to sell their services across Europe. Brexit would sever those rules, costing the firms billions of pounds.
HSBC Bank initially stated it would move one thousand jobs to Paris to cover its losses. Executives later said this would happen only in a worst-case scenario.
Goldman Sachs has office spaces in Frankfurt, Germany among others, and currently employs six thousand people in London.
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