HALISTER: Hammond Is Said to Have Met Entire Goldman Board on Brexit: Sky

Hammond Is Said to Have Met Entire Goldman Board on Brexit: Sky

(Bloomberg) -- Chancellor Philip Hammond had a meeting with Goldman Sachs’ board in London on June 29 to discuss implications of Brexit, Sky News reports, citing a source close to the Treasury.
  • Hammond offered private reassurances to Goldman that he is pushing for a lengthy transition deal to help the city prepare for Brexit, the report says, citing insiders
    • The assurances were not apparent from Hammond’s public attempts to reassure the business community that the government is aware of its concerns
  • A treasury spokeswoman said the Chancellor regularly meets with businesses to hear their views, most recently participating in the PM’s business advisory group and hosting a roundtable with asset managers: Sky
  • Goldman declined to comment on its meeting with Hammond
  • Hammond has also met JP Morgan CEO Jamie Dimon in the last few months; he held talks on Thursday with senior fund managers and Investment Association CEO Chris Cummings
To contact the reporter on this story: Huang Zhe in San Francisco at zhuang37@bloomberg.net To contact the editors responsible for this story: Sarah Kopit at skopit@bloomberg.net Rita Devlin Marier

Alert: HALISTER
Source: BFW (Bloomberg First Word)

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GS US (Goldman Sachs Group Inc/The)

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James Dimon "Jamie" (JPMorgan Chase & Co)
Philip Hammond (United Kingdom of Great Britain and Northern Ireland)

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