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Goldman Sachs has reshuffled the leadership of its mergers and acquisitions team, with Gene Sykes - one of the Wall Street bank’s most experienced dealmakers - stepping down as co-head of the group.

Bloomberg News reports that Sykes, 57, will remain with the investment bank as co-chairman of global M&A, a more client-focused role he’ll share with Tim Ingrassia, 50, Jack Levy, 61, and Paul Parker, 51, according to a memo obtained by Bloomberg News.

Michael Carr and Gilberto Pozzi will replace Sykes as co-heads of M&A alongside Gregg Lemkau.

Bloomberg also reports that Philip Shelley, co-head of U.K. corporate broking at Goldman Sachs, is leaving the bank to join Barclays, two people with knowledge of the matter said.

Shelley, a managing director based in London, will have a senior client role at the U.K. 

Goldman Sachs Shuffles M&A Leaders as Sykes Becomes Co-Chair

Goldman Sachs U.K. Broking Co-Head Shelley Said to Join Barclays

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