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The investment bank says it's "winding down its business in Russia in compliance with regulatory and licensing requirements," two weeks after the country first invaded Ukraine.
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Prosecutors say the looting of the fund bankrolled lavish spending on jewels, art and real estate. The spoils even helped finance Hollywood movies, including the 2013 film "The Wolf of Wall Street."
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The Federal Reserve is gearing up to raise interest rates after inflation hit a 40-year high, sparking fears in Wall Street about what these steps will mean for the economy.
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Goldman Sachs Asset Management, which has taken heat for its purchase of $2.8 billion in bonds of Venezuela's state-run oil company, is working behind the…
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COMMENTARYGoldman Sachs made a dumb p.r. move last week when it bought a $2.8 billion tranche of Venezuelan government bonds – and did so in a way that…