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Centerview surges to record year

Profits at the UK arm of the independent advisory house, which this month announced the hires of an ex-UBS duo, hit a record high last year

Profits at the UK arm of Centerview Partners, the US-headquartered independent advisory house that earlier this month added a high-profile former UBS duo to its London ranks, surged to a record high in the year to March.

Revenues for the bank's UK arm climbed 49% from £10 million in the 15 months to the end of March 2013 to £14.9 million in the 12 months to the end of March this year, according to the company's latest accounts filed at Companies House. Operating profits surged 56% from £5.6 million to £8.8 million over the same period.

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