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Trading Places: Top Citi dealmaker retires, UBS’s Mercier leaves, Goldman promotes Somaiya

Find out who is on the move in the City and beyond this week

One of Citigroup’s top dealmakers is retiring from the investment bank. Mark Shafir, who most recently served as co-head of global M&A at Citi alongside Cary Kochman, announced his retirement on the morning of 11 April. Shafir has been at Citi for 15 years, having worked in a number of leadership roles during his tenure there.

UBS’s head of equity capital markets syndicate in Europe is set to leave the bank after more than 13 years. François-Olivier Mercier, who took charge of the ECM syndicate team for Europe, the Middle...