Goldman Sachs has an office in Moscow. So do Citigroup and Morgan Stanley. JPMorgan Chase and Bank of America Merrill Lynch, too. Russia was supposed to be a growth market for Wall Street. It is quickly turning out to be a potential financial nightmare and a political hot potato. With the deteriorating relationship between the United States and Russia over Ukraine, and a series of punitive sanctions clearly slowing Russia’s economy, Wall Street banks are facing a conundrum: Should they stay or go? Wall Street’s involvement with Russia has long been a source of controversy. Some critics contend that Western banks have ... (full story)