Goldman Sachs to expand Birmingham office with 500 new roles

Goldman Sachs has reportedly announced the enlargement of its Birmingham bureau with the summation of 500 caller roles implicit the coming years.

The US-based institution opened its Birmingham bureau successful 2021 with 30 employees, and present has astir 500 successful the UK’s second-largest city.

The determination is expected to treble the existent headcount astatine the fiscal firm’s Midlands outpost successful the UK, reported Bloomberg.

It is portion of Goldman Sachs’ extremity of expanding its enactment successful Britain, focusing connected sectors specified arsenic integer infrastructure and artificial intelligence.

The announcement follows Chancellor of the Exchequer Rachel Reeves’ caller budget, which did not rise taxes connected UK lenders.

Several banks person responded with plans to summation their concern successful the country.

Birmingham enlargement is portion of a broader strategy by Goldman Sachs CEO David Solomon to reshape the company’s planetary operations, said the report.

The institution has been increasing its beingness successful strategical locations worldwide and aims to negociate costs by placing thousands of jobs successful lower-cost locations.

According to a BBC report, the bureau successful London is the company’s largest successful Europe and the Birmingham basal specialises successful exertion and innovation.

In October 2025, Goldman Sachs announced an enlargement successful the Middle East, with the motorboat of its onshore Private Wealth Management services successful Riyadh, Saudi Arabia.

The motorboat was aimed astatine enhancing the capabilities of the company’s Riyadh office, which has been operational since 2008.

Goldman Sachs said that backstage wealthiness absorption was portion of its strategical absorption and planned to standard its services for clients some successful the Middle East and worldwide.

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