{"id":485269,"date":"2022-03-07T07:15:31","date_gmt":"2022-03-07T07:15:31","guid":{"rendered":"https:\/\/ktsl888.com\/?p=485269"},"modified":"2022-03-07T07:15:31","modified_gmt":"2022-03-07T07:15:31","slug":"goldman-sachs-employees-are-leaving-russia","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/goldman-sachs-employees-are-leaving-russia\/","title":{"rendered":"Goodbye, Russia – A Number Of Goldman Sachs Employees Are Leaving Russia To UAE"},"content":{"rendered":"

Goldman Sachs is relocating some of its Moscow-based staff to the United Arab Emirates as a result of Russia’s onslaught on Ukraine, numerous news agencies reported Sunday.<\/p>\n

The Wall Street behemoth is sending some of its employees to Dubai, a key financial hub in the Middle East, as foreign corporations reevaluate their Russian operations as the Ukraine crisis enters its second week.<\/p>\n

The Goldman Sachs Group, Inc. is a New York City-based international investment bank and financial services company.<\/p>\n

Goldman Sachs employs over 40,500 people and had total assets of approximately $1.2 trillion as of 2021.<\/p>\n

Related Article | Billionaire Investor Says Crypto Outlook Is \u2018Very Bullish\u2019 For Bitcoin<\/a><\/em><\/strong><\/p>\n

Urging Goldman Sachs To Abandon Russia<\/h2>\n

Georgy Egorov, a former Goldman Sachs banker, published an open letter to the company’s Chief Executive Officer\u00a0David Solomon this week, urging the bank to exit Russia and shift\u00a0workers in order to be “on the right side of history.”<\/p>\n

Egorov, who was born in Russia, suggested that Goldman should suspend all operations in Russia “as a show of defiance” and join international sanctions against what he described as a “criminal regime.”<\/p>\n

Russia has been slapped with heavy\u00a0international sanctions that have thrown its economy into a tailspin\u00a0\u2013 the outcome of a coordinated global effort to isolate Moscow in the aftermath of President Vladimir Putin’s invasion of Ukraine.<\/p>\n

British MPs Pressure Banks To Halt Russian Operations<\/h2>\n

As a result of this development, British members of parliament are also\u00a0pressing large banks to terminate their Moscow services, after campaigners accused them of “quietly benefitting” from their Russian activities while other industries\u00a0 are distancing themselves from the country.<\/p>\n

Several of Moscow’s largest lenders, including HSBC,\u00a0JP Morgan, Deutsche Bank, and Credit Suisse\u00a0employ thousands of people to provide banking services to large firms and wealthy clients conducting business in Russia.<\/p>\n

<\/p>\n

BTC total market cap at $723.85 billion on the daily chart | Source: TradingView.com<\/a><\/pre>\n
Goldman Sachs Asset Management reduced its exposure to Russia in its GQG foreign equities fund to around $222 million earlier this week, down from more than $1.7 billion six months ago.<\/p>\n
On Monday, Netflix, American Express, and two leading accounting companies suspended connections with Russia in response to its\u00a0atrocities in Ukraine.<\/p>\n
Russia-Friendly Dubai<\/h3>\n
Dubai is regarded as one of the few flourishing cities in the world with a government that is friendly to Russia.<\/p>\n
The UAE abstained from a United Nations Security Council resolution condemning Moscow’s invasion of Ukraine at the end of last month.<\/p>\n
Related Article | Bitcoin Falls Back To $38,000 As Russia Steps Up Bombardment Of Ukraine<\/a><\/em><\/strong><\/p>\n
Goldman Sachs Bullish On Bitcoin<\/h3>\n
According to Goldman Sachs, Bitcoin currently holds a 20% share of the “store of value” market.<\/p>\n
With gold reaching a critical level of $2,000 per ounce on Monday, Goldman Sachs analyst Zach Pandl believes Bitcoin has the ability to surpass the $100,000 mark in the coming years.<\/p>\n
Bitcoin was priced at $38,181.82 on Monday, according to Coingecko’s monitoring. In the last 24 hours, the cryptocurrency has lost 3.5%.<\/p>\n
Featured image from ODDS.com, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
Goldman Sachs is relocating some of its Moscow-based staff to the United Arab Emirates as a result of Russia’s onslaught on Ukraine, numerous news agencies reported Sunday. The Wall Street behemoth is sending some of its employees to Dubai, a key financial hub in the Middle East, as foreign corporations reevaluate their Russian operations as the Ukraine crisis enters its second week. The Goldman Sachs Group, Inc. is a New York City-based international investment bank and financial services company. Goldman Sachs employs over 40,500 people and had total assets of approximately $1.2 trillion as of 2021. Related Article | Billionaire Investor Says Crypto Outlook Is \u2018Very Bullish\u2019 For Bitcoin Urging Goldman Sachs To Abandon Russia Georgy Egorov, a former Goldman Sachs banker, published an open letter to the company’s Chief Executive Officer\u00a0David Solomon this week, urging the bank to exit Russia and shift\u00a0workers in order to be “on the right side of history.” Egorov, who was born in Russia, suggested that Goldman should suspend all operations in Russia “as a show of defiance” and join international sanctions against what he described as a “criminal regime.” Russia has been slapped with heavy\u00a0international sanctions that have thrown its economy into a tailspin\u00a0\u2013 the outcome of a coordinated global effort to isolate Moscow in the aftermath of President Vladimir Putin’s invasion of Ukraine. British MPs Pressure Banks To Halt Russian Operations As a result of this development, British members of parliament are also\u00a0pressing large banks to terminate their Moscow services, after campaigners accused them of “quietly benefitting” from their Russian activities while other industries\u00a0 are distancing themselves from the country. Several of Moscow’s largest lenders, including HSBC,\u00a0JP Morgan, Deutsche Bank, and Credit Suisse\u00a0employ thousands of people to provide banking services to large firms and wealthy clients conducting business in Russia. BTC total market cap at $723.85 billion on the daily chart | Source: TradingView.com Goldman Sachs Asset Management reduced its exposure to Russia in its GQG foreign equities fund to around $222 million earlier this week, down from more than $1.7 billion six months ago. On Monday, Netflix, American Express, and two leading accounting companies suspended connections with Russia in response to its\u00a0atrocities in Ukraine. Russia-Friendly Dubai Dubai is regarded as one of the few flourishing cities in the world with a government that is friendly to Russia. The UAE abstained from a United Nations Security Council resolution condemning Moscow’s invasion of Ukraine at the end of last month. Related Article | Bitcoin Falls Back To $38,000 As Russia Steps Up Bombardment Of Ukraine Goldman Sachs Bullish On Bitcoin According to Goldman Sachs, Bitcoin currently holds a 20% share of the “store of value” market. With gold reaching a critical level of $2,000 per ounce on Monday, Goldman Sachs analyst Zach Pandl believes Bitcoin has the ability to surpass the $100,000 mark in the coming years. Bitcoin was priced at $38,181.82 on Monday, according to Coingecko’s monitoring. In the last 24 hours, the cryptocurrency has lost 3.5%. Featured image from ODDS.com, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":485273,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,85619],"tags":[428,10547,3730,4276],"class_list":["post-485269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-global-news","tag-bitcoin","tag-goldman","tag-russia","tag-ukraine"],"acf":[],"yoast_head":"\nGoodbye, Russia - A Number Of Goldman Sachs Employees Are Leaving Russia To UAE<\/title>\n<meta name=\"description\" content=\"Goldman Sachs is relocating some of its Moscow-based staff to the United Arab Emirates as a result of Russia's onslaught on Ukraine, numerous news\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/goldman-sachs-employees-are-leaving-russia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Goodbye, Russia - 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Goodbye, Russia – A Number Of Goldman Sachs Employees Are Leaving Russia To UAE","url":"http:\/\/ktsl888.com\/news\/goldman-sachs-employees-are-leaving-russia\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/goldman-sachs-employees-are-leaving-russia\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/Goldman-Sachs.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/Goldman-Sachs.jpg?fit=1300%2C731"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","goldman","russia","ukraine"],"dateCreated":"2022-03-07T07:15:31Z","datePublished":"2022-03-07T07:15:31Z","dateModified":"2022-03-07T07:15:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Goodbye, Russia – A Number Of Goldman Sachs Employees Are Leaving Russia To UAE\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/goldman-sachs-employees-are-leaving-russia\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/goldman-sachs-employees-are-leaving-russia\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/Goldman-Sachs.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/Goldman-Sachs.jpg?fit=1300%2C731\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"goldman\",\"russia\",\"ukraine\"],\"dateCreated\":\"2022-03-07T07:15:31Z\",\"datePublished\":\"2022-03-07T07:15:31Z\",\"dateModified\":\"2022-03-07T07:15:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/03\/Goldman-Sachs.jpg?fit=1300%2C731","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/485269"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=485269"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/485269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/485273"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=485269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=485269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=485269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}