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One of Goldman Sachs' most important M&A execs is leaving the bank

Jul 1, 2015, 00:19 IST

Jack Levy is leaving Goldman Sachs after spending 15 years as an investment banker there.

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Levy worked on Goldman's M&A team. He was one of four co-chairmen of the practice.

The others - Paul Parker, Tim Ingrassia and Gene Sykes - remain with the bank.

At 61, it isn't clear what will come next for Levy.

The news was reported earlier in the day by the Wall Street Journal.

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Prior to joining Goldman, Levy spent more than 20 years working for Merrill Lynch.

Right now, Wall Street is getting a boost as M&A chases highs not seen since the last market top in 2007. Between Tuesday's resignation at Goldman and Deutsche Bank losing its M&A honcho Monday, it's possible even Wall Street's top dealmakers are feeling fatigued.

Elsewhere on Wall Street, dealmakers say cheap money from the Federal Reserve is going to fuel more M&A activity this year.

Wall Streeters! Have any updates or memos about boldface names on the move? You can tip us off here: jmarino@businessinsider.com.

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