Goldman Sachs bolstered the number of staff working in the European Union by 21% last year, as Brexit continues to reshape banks' operations on the continent.

The Wall Street bank had around 1,110 employees within Goldman Sachs Bank Europe SE — which houses its post-Brexit hubs — an increase of 189 people compared with a year earlier, according to newly-released accounts. The rise in employee numbers is lower than 2021, when Goldman added 350 people to its EU operations, but it said it was down to "continued expansion of the bank's activities across Europe".