Citigroup Names Tague Co-Head of Mergers With Shafir

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Citigroup Inc., ranked seventh among mergers and acquisitions advisers last year, promoted Peter Tague to co-head of its global M&A business.

Tague joins Mark Shafir, who’s been sole head since 2008, New York-based Citigroup said in a memo distributed last week and obtained by Bloomberg News. Shafir will focus on his other role, overseeing technology, media and telecommunications investment-banking, according to the memo.