Operating in Moscow has been increasingly difficult for Western financial institutions amid international sanctions against Russia and banks have been weighing whether to remain or leave
Swaps markets by late Friday gave roughly 50 percent odds to such a move, though they have since eased back to around 32 per cent
The share decline put Goldman on course for its worst single-day showing since June 2020
Bank earnings have been hurt this quarter by weak trading volumes as the Federal Reserve slowed the pace of its asset purchases after an 18-month period
The trades triggered price swings for every stock involved in the high-volume transactions
The Wall Street trading powerhouse on Wednesday also warned that it expects reduced revenue in its asset and wealth management businesses and a higher rate of client defaults
Goldman Sachs Group has spoken publicly only in broad strokes about its strategy for China as the gates come down this year.
. Coders have been handed licenses to trade equities at JPMorgan Chase & Co. while they're the focus of the biggest hiring spree in years for Goldman Sachs Group Inc.'s trading division
Trading losses in natural gas and power dragged Goldman to its worst annual performance in commodities