Profits at Fenchurch Advisory Partners, the London-based financial services corporate finance specialist set up by former Credit Suisse managing director Malik Karim, hit a record high in the 12 months to the end of March 2016.

The firm, which is based in London's Tower 42, earned £14.2 million in profits for the 12-month period, topping the previous year's £12.9 million, according to recently-filed accounts.