Russian ruler Vladimir Putin has allowed the US investment bank Goldman Sachs Group Inc. to sell its business in Russia, making it one of the few Western banks to leave the country completely. Source: Bloomberg Details: According to the signed decree,

President Vladimir Putin has authorised Armenian investment fund Balchug Capital's purchase of Goldman Sachs' unit in Russia, a government decree published on Friday showed, potentially paving the way for the U.

Goldman Sachs approved by Putin to sell Russia business to Balchug Capital, following trend of Western banks exiting country post-Ukraine invasion.