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JPMorgan to wind down Russia business after Goldman Sachs announces exit
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JPMorgan is following Wall Street rival Goldman Sachs by exiting its business in Russia as the world's largest investment banks start pulling back from the country after its invasion of Ukraine.
The US bank said it was "actively unwinding" its Russian operation and "have not been pursuing any new business" in the country, it said in a statement.
JPMorgan...
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