Tasty Spacs whet banks' appetites

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By David Rothnie
15 Oct 2020

Despite a year of turmoil, many bankers have a spring in their step, writes David Rothnie. They are rushing to get involved in the boom in special purpose acquisition companies (Spacs).

"This is the most exciting time in my 30 year career as an investment banker," the head of investment banking at one top five firm told GlobalCapital

The obvious riposte to this was to wonder where had he been in previous eras when investment bankers rose to become self-styled ...

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