Goldman Sachs says it's pulling out of Russia, the first major Wall Street bank to do so following Moscow's invasion of Ukraine.
Goldman Sachs says it's winding down its operations in Russia, Wall Street's first major departure from the country.Goldman Sachs Group, Inc. says it's shuttering its operations in Russia, two weeks after the country first invaded Ukraine.
"Goldman Sachs is winding down its business in Russia in compliance with regulatory and licensing requirements," a spokesperson told NPR in a statement."We are focused on supporting our clients across the globe in managing or closing out pre-existing obligations in the market and ensuring the wellbeing of our people."that a portion of the investment bank's staff was temporarily relocating from Moscow to Dubai. Goldman Sachs has about 80 employees in Russia.
It added that its teams have been working to support Ukrainian customers in recent weeks by donating to humanitarian relief efforts and offering fee-free money transfer services.that it's operating its consumer banking business in Russia"on a more limited basis given current circumstances and obligations."that it would exit its consumer banking business in Russia and a dozen other countries.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Goldman Sachs Shutters Russia Business, First Major Wall Street Bank to Leave After Ukraine WarThe 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.
Les mer »
Goldman Sachs to become first major Wall Street bank to leave RussiaGoldman Sachs is stopping business in Russia, becoming the first major Wall Street bank to leave the country over its invasion of Ukraine.
Les mer »
Goldman Sachs is getting out of RussiaGoldman Sachs is exiting Russia, becoming the first major Wall Street bank to announce its plans to leave since the country invaded Ukraine
Les mer »
Goldman Sachs Exiting RussiaGoldman Sachs said Thursday it was getting out of Russia—the first big U.S. bank to make a move to exit the country after the invasion of Ukraine
Les mer »
Goldman Sachs shuts down its Russia businessLike other Wall Street banks, Goldman operated a small investment banking business in the country for the past few years.
Les mer »
Goldman says consider buying these stocks as Ukraine-Russia war hits the European economyAs the Ukraine-Russia conflict nears its second week, Goldman Sachs thinks this scenario can help clients play the market.
Les mer »