Two Wall Street titans, JP Morgan and Goldman Sachs, pulled out of Russia on Thursday in the latest move by the financial elite to punish the nation for their actions regarding Ukraine.
“Goldman Sachs is winding down its business in Russia in compliance with regulatory and licensing requirements,” a spokesperson said to 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,” Goldman Sachs added.
Following Goldman’s lead, JPMorgan Chase also pulled their operations from Russia later in the […]
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