Goldman Sachs said Thursday that it is “winding down its business in Russia in compliance with regulatory and licensing requirements.” JPMorgan Chase, America’s largest bank, followed within hours, saying it was “actively unwinding” its Russian business. The departures follow a scramble by Western banks to tally their exposure to Russia after President Vladimir Putin ordered […]
Goldman Sachs said Thursday that it is “winding down its business in Russia in compliance with regulatory and licensing requirements.” JPMorgan Chase, America’s largest bank, followed within hours, saying it was “actively unwinding” its Russian business. The departures follow a scramble by Western banks to tally their exposure to Russia after President Vladimir Putin ordered […]
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