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Lloyd Blankfein On Brexit: We Respect This Outcome

Business Insider obtained a copy of an internal memo Goldman Sachs Group Inc (NYSE: GS) CEO Lloyd Blankfein sent to all of his employees.

Blankfein began his memo by stating he will "respect" the Brexit vote outcome and has the bank has been working hard and planning for both voting outcomes for many months. He added that there will be no immediate change to how business will be conducted as negotiations between the UK government and the European Union will "take a considerable period of time."

Related Link: Brexit: Cameron Resigns, European Stocks Tank And Pound Hits 30-Year Low

"Goldman Sachs has a long history of adapting to change, and we will work with the relevant authorities as the terms of the exit become clear," he said. "We are committed to our people and our clients, and will work diligently to ensure the best possible outcome."

Goldman Sachs has around 6,000 employees based in its London offices.

Business Insider also noted Goldman Sachs' senior leadership, led by Blankfein and the bank's Chief Operating Officer Gary Cohn, will provide a briefing toolkit to employees to help them ease any potential client concerns.

Shares of Goldman Sachs were trading lower by 6.07 percent at $143.30 nearly 90 minutes ahead of the U.S. market open.

Image credit: Henning Klokkerasen, Flickr

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