Hong Kong elements in the air for Goldman?
“Sounds like the rumour mill is at work”
Market gossip suggests that Goldman Sachs is going to move its Asian FX operations from Tokyo to Hong Kong and that its staff are far from happy. “Sounds like the rumour mill is at work,” was all the bank would say, to which I replied: “Yeh, today’s rumour is tomorrow’s fact. You heard it here first.”