Goldman Sachs Slashes Credit Exposure to Russia

Goldman Sachs Slashes Credit Exposure to Russia
The Goldman Sachs company logo on the floor of the New York Stock Exchange on July 13, 2021. Brendan McDermid/Reuters
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Goldman Sachs Group Inc. reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a regulatory filing on Monday.

The bank said market exposure tied to Russia and total exposure to Ukraine were not material.