Brexit dividend

10 September 2019 By Christopher Thompson Follow @CGAThompson

The investment bank will hire Britain’s former chief Brexit negotiator. Departed officials usually help clients navigate corridors of power, but Olly Robbins is hardly popular with Prime Minister Boris Johnson’s team. His negotiating skills and European contacts may compensate.

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Britain’s former chief Brexit negotiator Olly Robbins will join the UK investment banking division of Goldman Sachs after a sabbatical, the British Cabinet Office said on Sept 9.

Robbins led former Prime Minister Theresa May's negotiations on a deal with the European Union that would manage the country's departure from the bloc.

Although the sides succeeded in agreeing a so-called Withdrawal Agreement in November 2018, May failed to garner enough domestic support for it to pass through Britain's parliament.

Before joining the U.S. investment bank, Robbins will first spend a sabbatical at the University of Oxford, becoming the first holder of a visiting fellowship set up in memory of former Cabinet Secretary Jeremy Heywood.

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