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Goldman Sachs to become first major U.S. bank to exit Russia.

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Three decades after becoming the first Western bank to go into business with the Russian government following the collapse of the Soviet Union, Goldman Sachs announced on March 10 that it was taking steps to wind down its operations in Russia.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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"Ukraine is a country that has played the role of a reliable food security guarantor for Egypt for many years — and we don't understand why Egyptian partners pay us back by continuing to accept stolen Ukrainian grain," Foreign Minister Andrii Sybiha wrote.

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