HALISTER: Poland Wooing Goldman, HSBC to Shift Staff After Brexit: FinMin

Poland Wooing Goldman, HSBC to Shift Staff After Brexit: FinMin

(Bloomberg) -- Negotiations with Goldman Sachs, HSBC are “going well,” Poland is counting on additional 30,000 jobs in its financial and software industries, Polish Deputy Prime Minister Mateusz Morawiecki tells Bloomberg.
  • Morawiecki, who is also finance minister, says Daimler’s 500m euro Polish investment is “on track”
  • Poland is in talks with Volkswagen to increase production
  • Government is “on the brink” of further greenfield investment announcements
  • Morawiecki isn’t planning management changes in Poland’s state-controlled financial companies, KGHM “for now”
  • FinMin expects “opportunistic” approach to further bank takeovers by state-run financial institutions
  • More foreign banks will leave Poland in next 2-3 years due to troubles at parents, tighter margins because of more regulation
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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Mateusz Morawiecki (Republic of Poland)

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