Goldman Sachs Makes Large Donation to Pro-EU Campaign

Goldman Sachs has given hundreds of thousands of pounds to fund the fight to keep Britain in the European Union, reports FT.

UK's Prime Minister David Cameron, reports FT, hopes to successfully conclude his negotiations of a new EU deal for Britain in Brussels next month, kicking off an intense campaign leading up to a referendum in June or the early autumn.

Goldman, which employs 6,000 people in the UK, is one of the most prominent donors to either side of the EU referendum campaign.

US banks with London operations benefit from EU “passporting” rules that allow them to do business across the 28-member bloc, which has a single market of about 500m people. The banksters would hate to see that destroyed, regardless of any negatives it might mean for UK citizens.

-RW