US banking giant Goldman Sachs is leaving Russia. The bank became the first major Wall Street bank to leave the country due to the occupation of Ukraine.
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Goldman Sachs Group Inc released a statement Thursday. In a statement, the bank said it had ceased its operations in Russia. The statement on the subject included the following statements:
“Goldman Sachs is ending its business in Russia in accordance with regulatory and licensing requirements.”
While this represents the final sanction against Russia; On the other hand, it is important because it is the first major Wall Street bank to take this step.
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