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Goldman Sachs to open Birmingham office
Boost in jobs as Goldman Sachs set to open office
By Dan Harrison
Banking giant Goldman Sachs is to open a new office in Birmingham in a move that could lead to hundreds of roles being based in the city.
The bank said its engineering division would be the first to base staff in Birmingham, through a mix of hiring and transfers.
It is hoped the first staff will begin working in the new office by the third quarter of this year.
The news has been hailed by leaders across the region, including Henrietta Brealey, CEO of Greater Birmingham Chambers of Commerce.
She said: “Goldman Sach’s investment is further testament to the city’s burgeoning position as a tech and professional services hub.
“This, together with recent announcements of investment in the city from the Department for Transport, the BBC and green shoots as businesses begin to unlock, all add to a growing sense of optimism and momentum returning to this incredible city and region.”
Neil Rami, chief executive of the West Midlands Growth Company, the region’s official investment promotion agency which was formerly known as Marketing Birmingham, said: “Goldman Sachs is one of the world’s most prestigious investment banking institutions, renowned for its laserfocus on recruiting the best and brightest talent and the preeminence of its data-driven, customer-centric technologies.
“We are delighted that Goldman Sachs has chosen Birmingham as the home of its major new presence, where it will harness the region’s entrepreneurial talent to develop its mission-critical digital expertise, creating hundreds of jobs.
“As the investment banking landscape continues to innovate in the face of rapid FinTech transformation, the West Midlands Growth Company put forward a compelling appraisal of the region’s digital engineering workforce, academic facilities and longstanding influence in the field of banking and finance.
“The region boasts the largest and most high value financial and professional services sector outside the capital and is super-charging the UK’s innovative potential through SuperTech, the UK’s first and only dedicated professional services-tech accelerator.
“Already the thriving home of client-facing operations for investors such as Deutsche Bank and HSBC UK’s headquarters, the West Midlands is successfully recasting typically London-centric banking structures, offering a premium but far more costeffective base for innovative businesses with a growth-mindset.
“This is just the beginning of a surge in momentum in foreign investment here, with the 2022 Commonwealth Games and Coventry’s City of Culture status opening up new international avenues to strengthen trade and investment flows into the region.
“Goldman Sachs’ investment undoubtedly cements the West Midlands’ prominence on a global scale - it is powerful affirmation of our region’s appeal to the aspirations of the world’s most iconic, multinational financial services brands and the talent they seek to attract.”
Momentum in foreign investment: Neil Rami
UK leading med-tech and custom automation company, 3P innovation Ltd, have launched their state-of-the-art virtual showroom. The new, interactive space enables visitors to experience 3P’s technologies at their fingertips.
The launch of the showroom has been largely influenced by the Covid-19 pandemic, forcing the cancellations of tradeshows and conferences aimed at the pharmaceutical industry. This prevented 3P and other companies from being able to showcase their technologies and have in-person interactions with customers. In response, 3P created an engaging 360-degree virtual space that offers a digital insight into their technologies and enables participants to interact with 3D models, download information and have a personal guided tour at the click of a button.
The leading manufacturer in fill-finish has launched a new virtual space that gives customers a 360-degree experience of their innovative lab-scale machines, with the addition of their commercial machine range launching soon.
“Although the launch of this virtual showroom has been largely influenced by the pandemic, we see this as a great opportunity to showcase our worldleading technologies to our international customers in the years to come,” said Dave Seaward, Founder and Engineering Director. “It gives our customers the chance to explore our technologies at their own pace at any time and any place, unlike tradeshows where you often have limited hours. Although we can’t replace in-person interactions, this virtual space gives us the chance to engage and connect with our customers through one-to-one personal guided tours.”
T: 01926 408 933
E: enquiries@3pinnovation.com W: www.3pinnovation.com
