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Companies & Markets

Goldman Sachs plans to close Geneva office: spokesman

Published Mon, Mar 21, 2016 · 04:25 PM
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[ZURICH] Goldman Sachs is looking to close its Geneva private banking branch, a spokesman for the US bank said on Monday.

The spokesman confirmed the proposed closure first reported by Swiss finance website finews.ch and said that the bank remains committed to keeping a Swiss presence through its Zurich office.

A consultation period on the closure of the Geneva office, which has 18 employees, is expected to be completed towards the end of the third quarter.

REUTERS

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