Tue, 21-Oct-2025

Goldman Sachs is exiting from SPAC market due to regulatory concerns

Goldman Sachs

A representative for David Solomon’s Goldman Sachs stated on Monday that the firm is minimising its connection with blank-check companies, as US regulators continue to crack down on what was one of the hottest phenomena on Wall Street in recent years. Investment of the Goldman Sachs banking division has benefited from the boom in the … Read more

Higher taxes threaten NYC status as global business hub: Goldman Sachs

RIYADH: David Solomon, CEO of Goldman Sachs, has warned New York City leaders that higher taxes will make the city less attractive to businesses and their employees. “New York is not going away” but cautioned that “it’s also not guaranteed for any urban center that you have a permanent place in the world,” the Financial Times quoted … Read more