this post was submitted on 01 Feb 2025
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cross-posted from: https://lemmit.online/post/5059955

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The original was posted on /r/ukrainianconflict by /u/Alien_P3rsp3ktiv on 2025-02-01 01:32:16+00:00.

Original Title: The last Western banks are leaving Russia. They don't want to, but they have to: Goldman Sachs, one of largest US banks, said ‘goodbye’ to the Russian market, where it has operated for over 16 years, followed by Dutch ING, American Citibank, Italian Unicredit and Austrian Raiffeisen. [translated]

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[–] HubertManne@moist.catsweat.com 12 points 3 days ago

16 years! that sounds like they came in to take advantage of the situation.