Mark shafir citigroup credit

Reuters - Mark Shafir, one of Citigroup Inc's top dealmakers, is retiring after a career spanning over three decades during which he advised some of the world's largest corporations on several landmark deals. Shafir, who has led Citi's global mergers and acquisitions unit since joining the bank in , will stay on till mid-May to help with the transition, according to an internal memo sent on Tuesday by Tyler Dickson and Manuel Falco, Citi's global co-heads of banking, capital Markets and advisory.

Mr.

Shafir, widely seen as a top Wall Street rainmaker, began his investment banking career at Goldman Sachs in and went on to hold several leadership roles at other financial institutions including Merrill Lynch and Lehman Brothers. Wall Street's biggest investment banks are grappling with a big drop in deal volumes, as rising interest rates, high inflation and recession fears have slowed down the pace of large, transformational mergers.

Citi ranked fifth on the list of financial advisors based on deal value, and stands at ninth so far this year, according to Dealogic. Selected edition.

Prior to joining Consello, Mark was Co-Head of Global Mergers & Acquisitions at Citi.

Sign in. My Portfolio News Latest. Stocks: Most Actives. Credit Cards. Anirban Sen and Mehnaz Yasmin. Updated Tue, Apr 11, , PM 2 min read. In This Article: C. By Anirban Sen and Mehnaz Yasmin Reuters - Mark Shafir, one of Citigroup Inc's top dealmakers, is retiring after a career spanning over three decades during which he advised some of the world's largest corporations on several landmark deals.

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