Goldman Sachs shuts down its Russia business

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Goldman Sachs shuts down its Russia business
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Goldman Sachs shuts down its Russia business.

Banking is the latest industry to come under pressure to cut its Russian ties due to the war.

But unlike companies who make goods that ship to Russia, banks have loans, deposits and existing customer relationships that take time to wind down or sell off.Copyright 2022 The Associated Press. All rights reserved.

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