Financial services specialist investment bank Fox-Pitt Kelton has launched a new corporate broking unit as it hopes to build on its recent merger with a US advisory firm to attract US small and mid-cap companies to list in London.

The new four-strong team is part of a UK corporate advisory group of 18 professionals that works closely with the US mergers and acquisitions advisory arm of Cochran Caronia Waller, with which it merged in September this year.