TYB
Russia owes Western banks $120 billion. They won't get it back
By Charles Riley, CNN Business
London(CNN Business)Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of Ukraine. More are likely to follow at a cost of tens of billions of dollars.
Goldman Sachs said Thursday that it is "winding down its business in Russia in compliance with regulatory and licensing requirements." JPMorgan Chase, America's largest bank, followed within hours, saying it was "actively unwinding" its Russian business.
The departures follow a scramble by Western banks to tally their exposure to Russia after President Vladimir Putin ordered the invasion of Ukraine, triggering punishing sanctions that cover most of the country's financial system, including its central bank and top commercial lenders — VTB and Sberbank.
https://www.cnn.com/2022/03/10/investing/banks-russia-exposure/index.html
Russia Russia Russia. We all know. Look here not here shit, kek!
>here
*There
Muh old bones could stand it, kek!
Anything above the firmament!