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Goldman plans to hire hundreds of new employees to address regulatory concerns

A new round of regulatory scrutiny in the United States has sparked a hiring spree at Goldman Sachs, which is recruiting hundreds of new employees, according to media reports。Although the company has cut executives from its revenue-generating unit amid a downturn in business, the back-office hiring boom continues。It's common for regulators to question large financial companies, but Goldman Sachs executives say privately that pressure from the Fed has grown over the past year。If not satisfied, regulators can implement increasingly formal and possibly onerous measures behind the scenes to force banks to overhaul their operations and procedures。

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