Goldman, JPMorgan Among Banks Offering More Russia-Linked Trades
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among banks that have been acting as brokers to facilitate growing investor demand for ways to trade Russian-related assets.
Both banks have reached out to investors in recent weeks offering ruble-linked derivative contracts — a trade that's allowed under Western sanctions because there's no physical Russian asset and it doesn't involve any Russian nationals, according to people familiar with the matter.
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