The chief executive of Goldman Sachs has said the bank is taking "incremental" steps to prepare for Brexit, but said it will not be leaving irreversible plans to the last minute.
In an interview with the BBC at the World Economic Forum in Davos, Lloyd Blankfein said the US bank had rented 10 floors in a building in Frankfurt and had no choice but to obtain office space, move or hire people and start transitioning contracts from UK law to German law.
