Goldman Sachs is said to have rented office space in Zurich for 500 employees.
Goldman is known to have been reviewing the possibility of relocating part of its London operations since the beginning of the year. The bank has approximately 5,000 employees in London. Which operations are Zurich-bound is unknown but there might be mileage in stagging corporate jet slots at City airport.
Goldman Sachs would only comment that it reviews requirements for office space on an ongoing basis.