The Goldman Sachs Group has announced that it intends to expand its footprint in the UK by opening a new office in Birmingham which is able to serve hundreds of employees.
The new office is expected to become a technology hub that will offer access to a strong and deep new talent pool and academic institutions.
Additionally it will be in close proximity to the London office to allow easy travel between for the firm’s employees to stay closely connected with other divisions and clients.
Engineering will be the first division to build out in Birmingham with a mix of hiring and employee transfers. Similar to other strategic locations, multiple areas of the firm will also leverage this opportunity and we expect to have a headcount of several hundred across a number of divisions over time.
Richard Gnodde, CEO for Goldman Sachs International, said: “Establishing a new office in Birmingham will diversify our UK footprint and give us access to a broad and deep talent pool in the local area.
“We see tremendous opportunity to enhance our UK presence and continue delivering for our global clients.”