Moelis & Co, the boutique investment bank set up two years ago by US rainmaker Ken Moelis, has made its most significant appointment in Europe with the appointment of Merrill Lynch’s former head of European investment banking to head its London-based business.

Mark Aedy, who was one of the most senior bankers to leave Merrill Lynch since its takeover by Bank of America, has joined
Moelis & Co as head of Europe, Middle East and Africa investment banking.