Goldman Sachs Shutters Russia Business, First Major Wall Street Bank to Leave After Ukraine War

📆 11/03/2022 01.49.00
📰 nbcchicago

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The move is the latest sign of Russia’s increasing isolation in the third week of President Vladimir Putin’s campaign to overthrow the government of Ukraine.

Goldman Sachs says it is exiting Russia, becoming one of the first major global investment banks to do so after the country invaded its neighbor Ukraine last month.

While New York-based Goldman is shuttering its operations in Russia, it still facilitates trades in debt securities tied to the nation.says it is exiting Russia, becoming the first major global investment bank to do so after the country invaded its neighbor Ukraine last month.

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