Brexit or not, Goldman Sachs is still building its team in Frankfurt

Brexit may have been postponed until Halloween, but Goldman Sachs is still adding talent in Frankfurt.

Insiders say the latest Goldman recruit in the German city is an equity derivatives salesman currently employed by Unicredit in Munich.

Sushil Krishan is understood to be joining Goldman's Frankfurt equity derivatives solutions business, headed by Tobias Lindemann later this summer. His start date is unclear, but is thought to be around August-time.

Both Goldman and Krishan declined to comment on the move. Krishan is still employed by Unicredit currently. At Goldman, he is expected to focus on equity derivatives solutions and systematic trading strategies for pension funds and asset managers in Germany and Austria. 

Goldman Sachs is expected to move 400-500 people into Europe after Brexit, with Frankfurt being a key location alongside Paris. Goldman isn't the only bank building its equity derivatives sales teams in Europe: JPMorgan has been hiring in France too. 

While it adds staff in Frankfurt, Goldman continues to run its European equity derivatives business from London. - Lindemann's team reports to Arun Dhar, a Goldman partner in Fleet Street.

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