Goldman denies plans for Frankfurt office switch after Brexit

LONDON (Reuters) - U.S. investment bank Goldman Sachs (GS.N) has denied speculation it is poised to shift London-based staff and operations to offices in Frankfurt as soon as Britain's divorce proceedings from the European Union formally begin.

"We have not made any changes to our real estate requirements in Frankfurt as a result of the referendum result," the bank said in a statement issued on Wednesday.

"As we have already communicated to our employees, there is no immediate change to the way we conduct our business or where we conduct our business."

CEO Lloyd Blankfein said the Wall Street bank, a big donor to the defeated 'Remain' campaign had planned for either referendum outcome for many months, in a statement issued after the outcome of the historic referendum became clear on Friday.

"Goldman Sachs has a long history of adapting to change, and we will work with relevant authorities as the terms of the exit become clear. Our primary focus, as always, remains serving our clients' needs."

(Reporting by Sinead Cruise; additional reporting by Lawrence White; Editing by Rachel Armstrong)