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(Bloomberg) -- Royal Bank of Canada’s investment-banking arm hired a pair of Citigroup Inc. bankers, tapping Shawn Borisoff for private equity dealmaking and Ryan Bott for retail, according to a person with knowledge of the matter.
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Borisoff is set to join RBC Capital Markets later this year, reporting to the firm’s co-heads of financial sponsors, Harold Varah and Mark Goldstein, said the person, who asked not to be identified discussing the hirings. Bott will be part of RBC’s consumer and retail investment-banking group, the person added. Earlier this year, that group hired a trio of Citigroup bankers, including global head Doug Trauber.
Representatives for Toronto-based RBC and New York-based Citigroup declined to comment.
Borisoff, most recently Citigroup’s head of West Coast global asset managers, last year relocated to San Francisco from London. He joined the bank in 2017 after previously working at UBS Group AG. Bott, based in New York, joined Citigroup in 2015, and was named managing director in December 2020. He previously worked at Credit Suisse Group AG, Financial Industry Regulatory Authority records show.
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