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Tag: turmoil

Goldman Sachs is shrinking its SPAC business amid regulatory crackdown and market turmoil

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022.Brendan McDermid | ReutersGoldman Sachs is scaling back its business in the once red-hot SPACs as blank-check deals got caught in a double whammy of regulatory...