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Just 15% of Goldman Sachs’ UK employees have returned to the office

Even with UK lockdown measures easing, investment banks remain cautious about a quick return to the City

The European headquarters of Goldman Sachs in London.
The European headquarters of Goldman Sachs in London. Photo: Getty Images

Goldman Sachs has just 900 people working in its London headquarters, showing that investment banks remain cautious about bringing employees back to the office even as UK lockdown eases.

The US bank has brought back 15% of its 6,000 London staff so far, its chief executive David Solomon said during a call accompanying the bank’s second quarter results today. The “vast majority” of Goldman’s employees are still working from home, he added, as the lender posted record investment banking revenues and its best quarter for fixed income trading since 2011.

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