A recent decree by President Vladimir Putin has cleared the way for the Armenian investment fund Balchug Capital to acquire the Russian division of Goldman Sachs. This move may pave the way for the American bank’s complete exit from the Russian market. The decision was confirmed by a reliable source, who noted that Goldman Sachs has already entered a binding agreement for selling its Russian subsidiary, contingent on the fulfillment of several conditions. These developments come amid a broader restructuring of the financial landscape in Russia as Western banks reassess their market presence.