Goldman Sachs to Open Office in Birmingham, UK
BIRMINGHAM, April 13, 2021 — The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it intends to expand its footprint in the UK by opening a new office in Birmingham. Our target is to welcome people to the office in the third quarter of 2021.
The build out of an office in Birmingham offers access to a strong and deep new talent pool, excellent academic institutions, a growing technology sector and longstanding leadership in STEM industries.
We believe Birmingham offers a number of unique advantages and the city’s proximity to our London office will allow for easy travel between UK offices for our people to stay closely connected with other divisions and clients.
Engineering will be the first division to build out in Birmingham with a mix of hiring and employee transfers. Similar to other strategic locations, multiple areas of the firm will also leverage this opportunity and we expect to have a headcount of several hundred across a number of divisions over time.
The Birmingham office is an exciting opportunity to build on the successful expansion of other strategic locations and technology hubs in Europe in recent years, including Warsaw and Stockholm.
Richard Gnodde, chief executive officer for Goldman Sachs International, said: “Establishing a new office in Birmingham will diversify our UK footprint and give us access to a broad and deep talent pool in the local area. We see tremendous opportunity to enhance our UK presence and continue delivering for our global clients.”
About Goldman Sachs
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
Media Contact: Joseph Stein
Tel: 0207 774 4080