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Forex trading idea
Russia cancels Goldman Sachs subsidiary's brokerage licence
pctay123
Publish Date: Tue, 27 Aug 2024, 11:41 AM
MOSCOW, Aug 27 (Reuters) - Russia's central bank said on Tuesday that it had annulled the brokerage licence of Goldman Sachs' (GS.N) , opens new tab Russian subsidiary, Goldman Sachs Bank LLC.
The subsidiary said in June that it had requested cancellation of the licence. Goldman Sachs had no immediate comment on Tuesday.
The subsidiary still has a valid Bank of Russia licence to conduct operations with funds in roubles and foreign currency.
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https://www.reuters.com/business/finance/russia-cancels-goldman-sachs-subsidiarys-brokerage-licence-2024-08-27/