Goldman Sachs Group Inc. GS, +1.29% said Monday it had $260 million of credit exposure to Russia in March in the form of non-sovereign counterparties, according to a filing. "We have been focused on closing our positions and reducing our exposure, while continuing to facilitate the activity of our clients," the bank said. The $260 million of exposure included $56 million for OTC derivatives and $204 million tied to deposits and other receivables. Its overall direct financial impact from Ukrainian and Russian counterparties, borrowers, issuers and related instruments was a net loss of about $300 million, the firm said. Goldman reiterated plans to wind down its operations in Russia. Shares of Goldman Sachs fell 0.4% in premarket trades. The stock is down 20.1% in 2022, compared to drop of 9.3% by the Dow Jones Industrial Average DJIA, -0.04%.