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.
-
'The disconnect between actual health care and the insurance model is widening'Instant Opinion Opinion, comment and editorials of the day
-
Cautious optimism surrounds plans for the world's first nuclear fusion power plantTalking Point Some in the industry feel that the plant will face many challenges
-
Explore new worlds this winter at these 6 enlightening museum exhibitionsThe Week Recommends Discover the estrados of Spain and the connection between art and chess in various African countries
-
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'
-
Are Ukraine's F-16 fighter jets too little too late?Today's Big Question US-made aircraft are 'significant improvement' on Soviet-era weaponry but long delay and lack of trained pilots could undo advantage against Russia
-
Ukraine's stolen childrenUnder the Radar Officially 20,000 children have been detained since Russia's invasion in 2022, but the true number is likely to be far higher
-
A brief timeline of Russia's war in UkraineIn Depth How the Kremlin's plan for a quick conquest turned into a quagmire
-
Why is Ukraine backing far-right militias in Russia?Today's Big Question The role of the fighters is a 'double-edged sword' for Kyiv, say commentators
-
What does victory now look like for Ukraine?Today's Big Question Not losing is as important as winning as the tide turns in Russia's favour again
-
British warship repels 'largest Houthi attack to date' in the Red SeaSpeed read Western allies warn of military response to Iranian-backed Yemeni rebels if attacks on ships continue
