Goldman Sachs now 1st major Wall Street bank to exit Russia

Goldman Sachs bans employees from donating to Donald Trump.
(Image credit: Chris Hondros/Getty Images)

Goldman Sachs is shutting down operations in Russia approximately two weeks after the start of a Moscow-led invasion of Ukraine, the company announced Thursday, per NPR.

The departure marks Wall Street's first big exit from Russia, and arrives after a number of other large companies and retailers decided similarly.

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.