In response to the global tech push, Goldman Sachs will open an office in Birmingham.
The investment bank has announced that it will open its largest office outside of London in Birmingham, creating hundreds of technology jobs.
Goldman Sachs' decision reflects an increasing interest among blue-chip companies in less-expensive regional cities with a large supply of graduates. Birmingham has attracted a lot of people in recent years.
Goldman has opened a few local workplaces across Europe lately, including Warsaw, Poland, and Stockholm. This recent addition shows just how respected as a destination Birmingham has become.
Jo Hannaford, head of designing in EMEA and worldwide head of administrative and business administrations, said: "Numerous individuals have asked 'Why Birmingham', and essentially we go where the ability takes us.
"When opening another office, we search for areas that are speedy, dynamic, imaginative, loaded with culture, and obviously, convey quality ability; Birmingham consummately fits that bill and is home to numerous superb colleges. We are extremely eager to grow our impression in the UK."
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Birmingham is England's second greatest city after London. HSBC and Deutsche Bank both as of now have offices in Birmingham, with around 1,000 tech and administrative centre jobs based there.
Goldman will at first take space in a brief area in Birmingham, prior to moving to a space explicitly intended for engineers.
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