Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

Goldman Sachs is an American multinational investment bank and financial services company.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Assets, mln.USD
700
Glob.Revenue, mln.USD
58982
The Company Statement
November 03, 2022

The first major Wall Street bank to exit Russia in response to its invasion of Ukraine. Wind down business in Russia but buy Russian debt.

June 13, 2022JPMorgan, Goldman Halt Russian Debt Trading After US Tightens Ban
September 16, 2022Pimco bets on Russian debt recovery in CDS auction
March 10, 2022Goldman Sachs becomes the first major Wall Street bank to cut ties with Russia since the invasion of Ukraine
March 10, 2022Goldman Sachs Is First Big .S. Bank to Pull Out of Russia
March 10, 2022Goldman Sachs, JPMorgan unwinding Russia businesses
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