One of largest banks in United States leaves Russia

One of the world’s largest investment banks – the American Goldman Sachs began to sell its assets in Russia, writes RBC with reference to sources in the investment market.

According to them, Goldman Sachs assets are bought by top managers of the Russian “daughter” of the American bank. Part of the Goldman Sachs assets was bought last year by the managing director of the European Special Situation Group Goldman Sachs Maxim Klimov and Goldman Sachs Managing Director in Russia Anton Schreider, the publication interlocutors say.

In the summer, Russian President Vladimir Putin banned foreign banks to sell shares in his subsidiaries without special permission. And on October 26, the authorities published a list of banks that fell under this ban. It also has a “daughter” Goldman Sachs – “Goldman Sax Bank”. However, the ban does not apply to the sale of assets, so in fact the bank did not violate the ban.

Earlier, another American bank, CITI, also sold its assets in Russia. His daughter Sitibank sold her retail portfolio of loans to Uralsib Bank.