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.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
'Wonder drug': the potential health benefits of creatineThe Explainer Popular fitness supplement shows promise in easing symptoms of everything from depression to menopause and could even help prevent Alzheimer's
-
What's next for Elon Musk?Today's Big Question The world's richest man has become 'disillusioned' with politics – but returning to his tech empire presents its own challenges
-
Quiz of The Week: 24 – 30 MayHave you been paying attention to The Week's news?
-
The secret lives of Russian saboteursUnder The Radar Moscow is recruiting criminal agents to sow chaos and fear among its enemies
-
Is the 'coalition of the willing' going to work?Today's Big Question PM's proposal for UK/French-led peacekeeping force in Ukraine provokes 'hostility' in Moscow and 'derision' in Washington
-
Ukraine: where do Trump's loyalties really lie?Today's Big Question 'Extraordinary pivot' by US president – driven by personal, ideological and strategic factors – has 'upended decades of hawkish foreign policy toward Russia'
-
What will Trump-Putin Ukraine peace deal look like?Today's Big Question US president 'blindsides' European and UK leaders, indicating Ukraine must concede seized territory and forget about Nato membership
-
Ukraine's disappearing armyUnder the Radar Every day unwilling conscripts and disillusioned veterans are fleeing the front
-
Cuba's mercenaries fighting against UkraineThe Explainer Young men lured by high salaries and Russian citizenship to enlist for a year are now trapped on front lines of war indefinitely
-
Ukraine-Russia: are both sides readying for nuclear war?Today's Big Question Putin changes doctrine to lower threshold for atomic weapons after Ukraine strikes with Western missiles
-
What would happen if Russia declared war on Nato?In depth Response to an attack on UK or other Western allies would be 'overwhelming'
