Two former JP Morgan bankers are set to share more than $50m (€39m) by selling their boutique months after they launched it to Evercore Partners, the US advisory firm that floated in New York last week.

Bernard Taylor, former vice-chairman of JP Morgan in Europe and Julian Oakley, a managing director in mergers and acquisitions, sold their Braveheart boutique to Evercore at the end of last month, the day before it opened for business.