barroso hire not related to brexit
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Investment bank Goldman Sachs:

Barroso hire not related to Brexit

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleBarroso hire not related to Brexit

Jose Manuel Barroso served as the European Commission President
New York - Arab Today

US investment bank Goldman Sachs said Friday that its hiring of former European Commission head Jose Manuel Barroso was not related to Britain's decision to exit the European Union.

A day after French President Francois Hollande labeled Barroso's new job as "morally unacceptable" because he would be advising the bank on Brexit issues, Goldman stressed that the recruitment was done prior to the June 23 British referendum.

"That decision had nothing to do with the outcome of the Brexit vote," the bank said in a statement.

"Indeed, we began our discussions at a time when the prevailing view was that the Remain campaign would succeed, an outcome we would have preferred and publicly supported." 

Since Goldman announced on July 8 that Barroso would be non-executive chairman of Goldman Sachs International, the former Portuguese prime minister has come under withering criticism.

Barroso headed the executive arm of the 28-nation EU from 2004 to 2014. European politicians say that his inside knowledge of EU affairs, in light of Britain's shock vote to break with the union, could lead to potential conflicts of interest.

The US bank stressed Friday that Barroso would help advise its clients in Europe and around the world on a range of issues. 

Hollande's condemnation was the strongest yet. Barroso would be assisting a bank which "advised the Greek government and dressed up the deficit figures it gave to the European Union several years ago," he said.

Barroso, Hollande also recalled, was in charge of the EU's executive arm at the time of the subprime crisis "of which Goldman Sachs was one of the main banks (responsible)".

France's Minister for Europe Harlem Desir said on Wednesday Barroso was "helping anti-Europeans".

"I solemnly appeal for him to give up the post," Desir told the French parliament.

Source: AFP

themuslimchronicle
themuslimchronicle

GMT 08:11 2018 Wednesday ,17 January

BlackRock chief calls on CEOs

GMT 08:36 2017 Sunday ,31 December

US tax reform to cut earnings by $5 bn

GMT 17:21 2017 Wednesday ,11 October

P&G claims narrow win in proxy challenge

GMT 12:11 2016 Friday ,02 December

To step aside, stay as chairman

GMT 10:45 2016 Wednesday ,24 February

Touts output freeze, rules out cut
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

barroso hire not related to brexit barroso hire not related to brexit

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 07:32 2017 Friday ,11 August

Venezuela clamps down on opposition politicians

GMT 08:39 2017 Tuesday ,15 August

Hundreds join silent London march for fire victims

GMT 10:19 2017 Saturday ,08 April

Google adds 'fact check' to global search results

GMT 08:51 2017 Friday ,13 October

Etzebeth to lead Springboks on European tour

GMT 13:54 2017 Saturday ,25 November

Electricity Minister receives UN Resident Coordinator

GMT 12:55 2017 Wednesday ,18 October

Cowabunga Adam! Great Scott makes waves in Korea

GMT 14:50 2017 Wednesday ,01 November

Oldest, most iconic drinking fountain in Kuwait

GMT 09:24 2017 Wednesday ,06 December

Canada and China hail ties

GMT 18:35 2016 Thursday ,06 October

Sisi bestows Order of Honor Star on Sudan’s Bashir

GMT 23:26 2016 Wednesday ,29 June

Still aiming to resume Syria peace talks in July
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle